Eastern China (Shanghai):
3,510-3,530 yuan ($499-502) per tonne, widening upward by 10 yuan per tonne
Northern China (Tangshan):
3,520 yuan per tonne, up 10 yuan per tonne
Both Shanghai-based and Tangshan-based traders told Fastmarkets that demand had been strong, which gave prices some upward momentum.
A Shanghai-based trader said some specifications of HRC were out of stock, and sellers of these were able to secure higher prices even for cargoes to be delivered...