Eastern China (Shanghai):
3,880-3,920 yuan ($559-564) per tonne, unchanged
Northern China (Tangshan):
3,620-3,630 yuan per tonne, widened downward by 10 yuan per tonne
Transactions in Shanghai were largely concluded at 3,900-3,920 yuan per tonne, while some smaller-gauge products fetched lower prices because of rising supply.
These smaller-gauge products fetched higher prices previously, which resulted in more orders being placed for them. But the increased demand had in turn led to mills producing more of such...