China may not be the big steady steel rebar buyer that most of us in the market thought it was, the International Rebar Producers & Exporters Association (Irepas) said on February 5 with regards the impact of the novel coronavirus (2019-nCoV).
In general, the demand outlook is still positive globally while developments in the automotive and industrial markets may help to support construction products, the association said. Moreover, inventory levels at present are moderate, it added.Market sources...