According to the data of South Korean domestic major rebar manufacturer, from May to October this year, rebar sales have increased for six consecutive months. In October, seven major rebar manufacturer of South Korea sold the rebar of 914,300 mt, increased by 10.8% compared with the sales of 825,200 mt in September.

In October, total output of rebar reached a record of 919,600 tons, an increase of 13.5% compared with 810,400 tons last year.

In late October, rebar inventories reached 232,000 tons, compared with September decreased by 25,300 tons.

                                                                  XINSTEEL NEWS