Reportedly, Chinese steelmaker Shougang said on July 3rd that its daily output of rebar with diameters of 12mm has reached 3,331.11 tons, rising by 408.83 tons in a day earlier.
Also, this was the first time that the firm's daily output of rebar with diameter of 12mm exceeded 3,000 tons.
It's known that the demand for 12mm-diameter rebar from the Chinese domestic market is strong currently.
Meanwhile, Shougang planned to increase the daily output for the product.