CHINA REBAR: Demand growth expected amid growing investments in housing, infrastructure

China's domestic rebar prices moved up on Monday August 17 on steady buying and expectations among buyers that demand would gradually increase in the next few months.

Domestic
Eastern China (Shanghai): 3,640-3,670 yuan ($524-528) per tonne, up by 30 yuan per tonne
A strengthening of rebar futures stimulated buying interest in the spot market, which in turn pushed up prices for physical products.

Investments in downstream sectors are growing gradually, and this has led to the emergence of expectations of stronger demand for rebar in the coming months, an industry...

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