In February of current year, Chinese steel product output had risen by 10.7% year-on-year to 71.27 million metric tons and the year-to-date production had reached 139.294 million metric tons, up 4.6% compared to previous year.
In February of this year, China's overall silicon steel output totaled 0.496 million metric tons, down 4.80% month over month and while up 8.30% year over year.
During the given period, China had produced 9.907 million metric tons of wire rod with the average daily production of 0.3416 million metric tons, up 8.36% month over moth.
In addition, Chinese reinforcement bar in February had aggregated to 12.392 million metric tons with the average daily production of 0.4273 million metric tons, up 11.49% from prior month.