Eastern China (Shanghai): 3,970-3,980 yuan ($591-592) per tonne, down 10 yuan per tonne
Northern China (Tianjin): 3,920-3,930 yuan per tonne, down 10 yuan per tonne
Prices were still considered stable despite experiencing a slight dip during the day, according to a trader in Shanghai. Trading activity was moderate during the day amid steady demand, he said.
HRC futures also declined during the day. Traders dealing in this segment of the market said that there was a higher possibility of profiting via the trading...