China's rebar market participants seek solutions to expected long-term demand drop

Faced with weak rebar demand amid China’s ongoing property sector slump, the country’s rebar market participants are seeking countermeasures to redress the issue on a long-term basis, sources said.

China’s property market crisis began in 2021 amid an influx of economic headwinds due to the Covid-19 pandemic, sources told Fastmarkets. New housing construction starts by area have been on the...