In September, the futures for steel rebar experienced a notable increase, reaching CNY 3,170 per tonne. This spike represented the highest price seen in a month, largely driven by the market’s response to new fiscal stimulus measures introduced by the Chinese government. Following a crucial Politburo meeting, officials strongly committed to revitalizing the struggling housing sector, creating a positive outlook for future demand. The Politburo’s emphasis on economic recovery is particularly significant, as it is not often that such meetings prioritize discussions on economic issues. The focus …