Metals News
Chinese Local Housing Regulations 2013
smm insight
06:27PM
Apr 11,2013
Source:SMM

Last week, local governments in major Chinese cities such as Beijing, Shanghai, Chongqing, Jinan, Dalian and Hefei, all announced new detailed regulations for local housing markets. New regulations include purchase restrictions, loan restrictions, and new tax policy. Steelease believes the new regulations will affect new housing starts, which will curb demand for rebar and will weigh down rebar prices.

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