MYSTEEL: China's construction steel buying to rise further in April

Improved funding conditions should see China's demand for construction steel steadily recover this month as work on building and infrastructure projects accelerates during the usual spring season for capital works, according to the findings of Mysteel's latest monthly survey.

The prediction is based on the actual volumes of construction steel products bought by domestic end-users in March and their purchase plans for these products this month. Mysteel's regular tracking of over 200 domestic construction enterprises showed that their total buying volume of steel products registered 5.77 million tonnes in