Eastern China (Shanghai)
: 3,790-3,850 yuan ($599-608) per tonne, down 20-30 yuan per tonne
Northern China (Beijing)
: 3,900-3,930 yuan per tonne, down 20-30 yuan per tonne
The price of billet fell 40 yuan per tonne late on Monday due to weak demand while rebar futures lost all of its first-hour gains during the remainder of trading hours on Tuesday.