Eastern China (Shanghai):
3,720-3,730 yuan ($529-530) per tonne, up 10-20 yuan per tonne
Northern China (Tangshan):
3,640 yuan per tonne, unchanged
Spot prices gained in Shanghai following futures increases, with a source there saying demand remained stable while supply remained short.
China’s steel logistics have been slow since mid October, when a heavy truck carrying six coils of HRC caused a bridge in Wuxi city, Jiangsu province to collapse.
The accident focused attention...