INFOGRAPH: China longs sales rise as demand improves

China's spot sales of major long steel items including rebar gained upward momentum this month as demand from end-users continued growing, sources said. March is usually regarded as a month of robust steel consumption in China, Mysteel Global notes.

Mysteel's survey of daily spot sales of construction steel comprising rebar, wire rod and bar-in-coil among the 237 steel trading houses it tracks nationwide showed that the trading volume averaged 186,655 tonnes/day over March 1-7, higher by 37,941 t/d or 25.5% on week. "Currently, both domestic steel demand and supply