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NBS: China's Jan-Aug rebar output slips 14% on year

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The on-month surge in rebar output mostly reflected the truth that some Chinese steel mills, particularly blast-furnace mills, had actually returned to manufacturing or increase outcome after earlier production curbs, as reported. Over the past eight months, the nation's fixed possession investment expanded 5.8% on year to regarding Yuan 36.7 trillion ($ 5.2.


China's rebar production declined by 13.8% on year during January-August to reach 155.4 million tonnes, according to new data released by the country's National Bureau of Statistics. For August alone, bar output also slipped by 5.8% on year to 19.3 m...

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