Eastern China (Shanghai):
3,910-3,930 yuan ($559-562) per tonne, widening downward by 10 yuan per tonne
Sellers in Shanghai kept their offers at 3,920-3,930 yuan per tonne in the morning, unchanged from Monday.
But falling futures in the afternoon sent buyers to the sidelines, which pushed prices down to 3,910-3,920 yuan per tonne.
A trader in Shanghai said most major mills were keeping their prices largely stable because their lead time had increased to 7-15 days, or even longer, after they secured a...