China's domestic hot-rolled coil prices were mixed on Wednesday March 4, with those in the northern region displaying more strength on higher demand.
Domestic
Eastern China (Shanghai): 3,510-3,530 yuan ($503-506) per tonne, down 10 yuan per tonne
Northern China (Tangshan): 3,300 yuan per tonne, narrowing upward by 20 yuan per tonne
In Shanghai, sellers started the day on a cautious note in response to Tuesday's thin trading activity. They started selling at 3,510-3,520 yuan per tonne in the morning before rising futures led them to raise prices to 3,530 yuan per tonne in the afternoon.
A trader in the city said that despite the day-on-day...