China's trillion-yuan infrastructure bonds to support rebar demand in 2022

China’s rebar market participants expect infrastructure to be the major driver of demand for the long steel product in 2022, while that from housing sector will be weaker.

This follows the National People's Congress (NPC) authorizing the Ministry of Finance to issue local special bonds totaling 2.2 trillion yuan ($346.72 billion) to raise funds for infrastructure projects in...

Published

Jessica Zong

January 17, 2022

09:15 GMT

Shanghai