China's domestic prices rose on Monday September 30 on news that the country's steelmaking hub in the northern region had stepped up its production curbs.
Domestic Eastern China (Shanghai): 3,770-3,800 yuan ($529-533) per tonne, up 90-100 yuan per tonneNorthern China (Beijing): 3,600-3,640 yuan per tonne, up 10 yuan per tonneTangshan's local government over the weekend instructed all steel mills under its jurisdiction to cut their blast furnace operating rates by at least 50% until Wednesday to improve air quality, according to a local industry information provider. This is stricter than last week's notice requiring...