Eastern China (Shanghai): 4,100-4,140 yuan ($618-624) per tonne, up 20-30 yuan per tonne
Northern China (Beijing): 3,980-4,020 yuan per tonne, up 60 yuan per tonne
Billet prices rose sharply on expectations of lower supply after Wednesday, the day that steel mills in various cities in north China are required to limit production to 50% of their capacity.
Rebar prices rose in tandem with those for the semi-finished steel product, market sources said.
A number of market participants are...