Eastern China (Shanghai): 3,700-3,740 yuan ($543-549) per tonne, unchanged
Northern China (Beijing): 3,670-3,700 yuan per tonne, unchanged
The price of billet fell late on Tuesday on weak demand, but rebar futures picked up slightly on Wednesday.
The mixed signals led sellers to keep their offers flat and buyers to continue cutting their procurement rates.
Some end users have started their Chinese...