Eastern China (Shanghai)
: 3,850-3,870 yuan ($573-576) per tonne, widening downward by 10 yuan per tonne
Northern China (Tianjin)
: 3,810-3,830 yuan per tonne, unchanged
Prices were largely stable in both eastern and northern China, with buyers still snapping up materials before the VAT rate for the manufacturing sector is lowered to 13% from 16% on April 1.