China domestic rebar prices up on CSRC support for property developers

China’s domestic rebar prices moved up on Tuesday November 29 after the China Securities Regulatory Commission (CSRC) said it would provide the financial backing to help the country's property developers complete housing projects.

Domestic
Eastern China (Shanghai): 3,710-3,730 yuan ($518-520) per tonne, up by 10 yuan per tonne

In an official notice on Monday November 28, CSRC said it would support...

Published

Jessica Zong

November 29, 2022

09:03 GMT

Shanghai