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12 May
05:03

China's planned rebar production rises in May

China's planned rebar production saw a significant increase in May, showing rising confidence in the nation’s construction activity, Kallanish notes. The latest market research shows that the planned output of rebar and wire rods both increased by more than 15% month-on-month in May, and these increases appear to be premised on improved domestic demand. In May, the planned output of rebar from blast furnace-based steel plants which mainly …
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