A rally in Shanghai rebar prices - up 8.9% in Q4, the best performance in 2 years - combines...

|By:, SA News Editor

A rally in Shanghai rebar prices - up 8.9% in Q4, the best performance in 2 years - combines with an even bigger move in iron ore, convincing some of a renewal in the Chinese property boom. Stocks in Shanghai +1.2% last night to the highest close since early summer, and putting the market in the green for 2012.