Eastern China (Shanghai)
: 4,040-4,060 yuan ($610-613) per tonne, up 30 yuan per tonne
Northern China (Tangshan)
- weekly assessment: 3,820-3,860 yuan per tonne, up 60 yuan per tonne
Domestic HRC prices continued their incline on Friday, with spot sellers raising their offers after futures gains.
One Tianjin-based trader said some speculators have helped push spot prices up because they are taking short positions in the futures market while...