On August 26, China's Ministry of Commerce (MOC) announced that during last week (August 18-24) the overall average finished steel price in China was down 0.3 percent week on week.
In the given week, the average prices of both steel channels and equal angles in China decreased by 0.3 percent week on week.
In the given week, the average price of non-ferrous metals in China increased by 1.7 percent compared to the previous week. The average price of nickel (Ni >= 99.2%) rose by 0.4 percent week on week.
In addition, in the week in question, the average price of coal in China remained stable compared to last week. The average prices of brown coal, bituminous coal and anthracite coal kept unchanged week on week.