According to statistics released by China's National Bureau of Statistics (NBS), the country's daily rebar production averaged at 593,273 tons in November, rising by 2.1% from the daily output of 581,123 tons in October.
However, the country's total rebar output dropped by 1.17% from a month ago to 17.8 million tons in November.
In the January-November period, the China's rebar output totaled 187.4 million tons, increasing by 13.1% year on year.