China Steel Rebar Stabilizes Amid Winter Production Cuts and Fiscal Hopes

Supply Discipline vs Weak Demand

Chinese mills have been proactive in cutting output to prevent an inventory glut. By maintaining lower utilization rates, producers have successfully defended the 3,000 Yuan support level despite lackluster demand.

2026 Fiscal Stimulus Outlook

Markets are watching for fresh stimulus signals from Beijing. If infrastructure spending accelerates in early Q1, analysts expect a breakout in high-value steel products used for bridge and rail construction.