CHINA REBAR: Housing industry growth slows

Eastern China's domestic rebar price decreased slightly on Monday August 16 after the National Bureau of Statistics (NBS) released housing industry data for July.

Domestic
Eastern China (Shanghai): 5,190-5,220 yuan ($801-806) per tonne, down by 10 yuan per tonne

The total area used for new housing construction totaled 1.19 billion square meters in January to July, down by 0.9% year on year, while the year-on-year growth...

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