China mills ordered to halt some rebar output

Apr 09, 2013 | 12:09 PM |

Tags  Chinese government, grade II rebar, reinforcing bar, rebar, rebar production, Hebei Iron & Steel, Shagang Group

SHANGHAI — A Chinese government order instructing steel mills to halt output of some reinforcing bar grades in an attempt to improve construction standards is sparking uncertainty about supplies over the next few months.

China’s National Development and Reform Commission told the steel industry in February to stop producing grade II rebar (HRB335) by May 1. The move is part of a drive under the country’s current five-year plan to raise the proportion of higher-strength rebar used in construction.

While some mills—including major long products producer Shagang Group Co. Ltd.—reportedly have vowed to comply and have already halted delivery of the product, it’s unclear if all mills will follow the order.....

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