Eastern China (Shanghai):
5,610-5,650 yuan ($878-884) per tonne, up by 10-30 yuan per tonne.
Northern China (Tangshan):
weekly assessment: 5,540-5,580 yuan per tonne, narrowing upward by 20 yuan per tonne.
The ferrous complex posted strong performance across the board on Friday, gaining at least 3% from their Thursday’s closing prices.
News of production curbs in the port city of Qinhuangdao in Hebei province lent support to steel prices, a Tianjin-based trader told Fastmarkets.
Qinghuangdao has asked steelmakers to...