China Steel Rebar Consolidates as Mills Balance Output with New Export Rules

Export Policy Impact

Beijing's new export licensing system is beginning to regulate international flows. This has helped clear domestic inventory, providing a floor for prices near the 3,100 Yuan level despite weak seasonal construction.

Pre Holiday Restocking

Traders are engaging in a cautious restocking cycle ahead of the Lunar New Year. However, the property sector shows little sign of immediate recovery, leaving infrastructure as the primary consumption driver.