Eastern China (Shanghai):
3,440-3,460 yuan ($489-492) per tonne, down 40 yuan per tonne
Northern China (Tangshan):
3,350 yuan per tonne, down 10-30 yuan per tonne
Spot trading domestically was “moderate overall,” sources told Fastmarkets, with few buyers willing to pay in the morning amid a slump in futures, but a rush to restock in the afternoon after a futures rebound.
A Tianjin-based trader said market participants were confused about...