Eastern China (Shanghai):
3,900-3,920 yuan ($582-585) per tonne, unchanged
A Shanghai-based trader said spot trading in the domestic market was largely stable while prices were also flat day on day, although futures prices gained.
He said most market participants were cautious due to high HRC inventories.
The China Iron & Steel Association (Cisa) reported Chinese HRC inventories of 2.05 million tonnes on October 20, unchanged...