Eastern China (Shanghai): 3,710-3,750 yuan ($546-552) per tonne, up 10 yuan per tonne
Northern China (Beijing): 3,700-3,740 yuan per tonne, up 30-40 yuan per tonne
Steel billet and rebar futures both rose in comparison with a day earlier, encouraging sellers in the spot market to raise their offers.
Buyers maintained their low procurement rates due to their decreasing consumption of the product.
Prices in eastern...