Eastern China (Shanghai)
: 3,760-3,800 yuan ($594-600) per tonne, down 120 yuan per tonne
Northern China (Tianjin)
: 3,710-3,740 yuan per tonne, down 160 yuan per tonne
HRC futures slumped during Thursday night’s trading session with risk aversion growing after the US President Donald Trump unveiled tariffs on up to $60 billion worth of Chinese imports. They continued to fall on Friday, nearly hitting the daily...