Eastern China (Shanghai)
: 3,900-3,940 yuan ($563-569) per tonne, up 30-40 yuan per tonne
Northern China (Beijing)
: 3,800-3,860 yuan per tonne, widened upward by 20 yuan per tonne
The State Council, in a statement issued late on Monday, encouraged local authorities to use special bonds and “other market-based financing methods” to fund the development of key regions and major projects.
A Shanghai-based industry research house said it was expecting infrastructure investment to grow by more than 10%...