Reinforcing Bars Output in March 2020 Down 2.9% YoY
According to National Bureau of Statistics, reinforcing bars output totaled 19.015 million tons in March 2020, down 2.9% year on year. Reinforcing bars output during January-March, 2020 totaled 53.028 million tons, a decrease of 1.9% year on year. In March, wire rod output attained 11.520 million tons, down 5.5% year on year and accumulative output in the first three months totaled 33.451 tons, a year-on-year decrease of 3.3%.
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