Eastern China (Shanghai)
: 3,880-3,900 yuan ($564-567) per tonne, unchanged
Northern China (Tianjin)
: 3,850-3,860 yuan per tonne, unchanged
Spot prices were stable across the country amid moderate trading.
Buyers comprised largely of downstream consumers, with the small difference between spot and futures prices providing securities traders with little incentive to trade.
Market participants expect prices to stay high after local authorities in Tangshan, the country’s steelmaking hub,...