Eastern China (Shanghai)
: 3,370-3,400 yuan ($483-487) per tonne, unchanged
Northern China (Beijing)
: 3,420-3,450 yuan per tonne, unchanged
The delayed restart to most construction projects due to concerns over the spread of the novel coronavirus (2019-nCoV) is weighing on the rebar demand outlook.
More than 10 provinces and cities have released measure to support the housing market, such as suspending payments for land transfer fees and...