China's domestic rebar prices softened on Monday March 1, though market participants expect end-user demand to pick up on positive data from the country's construction sector.
DomesticThe sub-index for new orders in the construction industry, which feeds into China's construction purchasing managers' index, rose by 2.2 points in February to 53.4 points, according to the National Bureau of Statistics. A reading of above 50 indicates growth, and that...