Eastern China (Shanghai):
3,370-3,400 yuan ($475-479) per tonne, down 50-70 yuan per tonne
Northern China (Tangshan):
3,260-3,280 yuan per tonne, down 70-90 yuan per tonne
Several traders said that sellers had to cut offers today following slumps in the futures market, but trading is still active at the low end of the price ranges.
This means China is still seeing stable demand but sentiment has been hit by the bearish...