China Steel Rebar Firms on Pre Holiday Restocking Rush

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Restocking Cycle

Historical patterns show a price bump 3-4 weeks before the Spring Festival. Mills are leveraging this seasonal demand to hike offers, supported by resilient iron ore prices above $135/ton.

2026 Stimulus Hopes

Market sentiment is also buoyed by rumors that the National Development and Reform Commission (NDRC) will announce expedited infrastructure projects in early February to counter the property sector slump.