Domestic
Eastern China (Shanghai): 3,590-3,600 yuan ($502-503) per tonne, unchanged
Northern China (Tangshan): 3,540 yuan per tonne, unchanged
Spot prices were stable even though demand was robust, a Shanghai-based trader said.
Some participants were bearish on price outlook because some traders have started selling HRC of rerolling grade from Russia at prices which are similar to domestic ex-works levels, he said.
A batch of such goods is priced at around 3,550 yuan per tonne, to be delivered in Mid-December,...
