Eastern China (Shanghai): 3,800-3,840 yuan ($565-571) per tonne, up 10-30 yuan per tonne
Northern China (Beijing): 3,780-3,820 yuan per tonne, up 20-30 yuan per tonne
Vale has suspended port activities at its Guaiba Island Terminal on instructions from local authorities. This is expected to affect seaborne iron ore supply as well as prices, market participants said.
Rebar futures rose as a result of these developments, they added.
These gains coupled with good weather resulted in stronger...