Eastern China (Shanghai):
3,370-3,400 yuan ($480-485) per tonne, down 50 yuan per tonne
Northern China (Beijing):
3,320-3,360 yuan per tonne, down 50 yuan per tonne
The country’s real estate sector is under pressure from a drop in transaction volumes due to the novel coronavirus (2019-nCoV) outbreak, industry analysts said.
With the next 2-3 months being the peak period for debt repayment, analysts expect companies...