China Steel Rebar Jumps on Robust Post Holiday Demand and Stimulus Optimism

Construction Site Ramp-up

Laborers have fully returned to major infrastructure hubs, leading to a sharp spike in rebar delivery orders. The expectation of a major government spending announcement later this quarter is encouraging traders to front-load positions.

Mill Inventory Discipline

Producers have maintained output discipline, preventing an inventory glut. This tight supply-demand balance is allowing mills to pass through higher iron ore costs to end-users, supporting the current price rally.