Eastern China (Shanghai)
: 4,250-4,270 yuan ($635-638) per tonne, narrowing down 10 yuan per tonne
Northern China (Tianjin)
: 4,170-4,180 yuan per tonne, narrowing upward 10 yuan per tonne
Mills have been keeping prices high “although they seem to be receiving fewer orders than before,” a Shanghai-based trader said.
While domestic mills previously needed around 20 days for delivery, “they now need...