Eastern China (Shanghai)
: 3,860-3,880 yuan ($615-618) per tonne, up 40 yuan per tonne
Northern China (Tianjin)
: 3,850-3,870 yuan per tonne, up 60 yuan per tonne
HRC prices increased after the futures contract for the flat steel product opened high. But trading activity in the spot market thinned after the paper market failed to maintain its upward momentum, sources said.
Market participants are...