China Steel Rebar Prices Edge Higher on Infrastructure Optimism

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Construction Site Ramp Up

Physical demand for rebar has surged as laborers return to project hubs. The backlog of infrastructure projects is now being cleared, leading to a steady stream of delivery orders for the first quarter.

Mill Discipline

Producers have maintained output discipline throughout the holiday break, preventing an inventory glut. This tight supply-demand balance is allowing mills to pass through higher iron ore costs to the end consumer.