MOC: Average finished steel price in China up 0.2 percent

Wednesday, 15 March 2017 10:46:05 (GMT+3)   |   Shanghai
       

China's Ministry of Commerce (MOC) has announced that during last week (March 6-12) the overall average finished steel price in China increased by 0.2 percent week on week.

In the given week, average prices of high-speed wire rod, rebar and common round steel in China rose by 0.5 percent, 0.5 percent and 0.9 percent week on week, respectively.

In the same week, the average price of non-ferrous metals in China decreased by 2.7 percent week on week. The average price of nickel (Ni > = 99.2%) moved down by 5.7 percent compared to the previous week.

In the week in question, the average price of coal in China increased by 0.6 percent week on week. In particular, the average prices of thermal coal, anthracite coal and coking coal moved up by 0.5 percent, 0.4 percent and 1.1 percent, respectively week on week.

Similar articles

Import longs offers in Romania now attractive, local prices stable

28 Mar | Longs and Billet

Turkey seeks to raise rebar export offers, demand mostly seen locally

27 Mar | Longs and Billet

Saudi Arabia’s Hadeed keeps local longs prices stable again for April

26 Mar | Longs and Billet

Iskenderun-based Turkish mill issues its longs prices

26 Mar | Longs and Billet

Local Chinese longs prices up $7-8/mt amid improved demand

25 Mar | Longs and Billet

Stocks of main finished steel products in China down 0.6 percent in mid-March

25 Mar | Steel News

Lebanese rebar market quiet while import prices drop

22 Mar | Longs and Billet

Iskenderun-based Turkish mill cuts longs prices as week ends

22 Mar | Longs and Billet

Partial stability in southern European longs market, Easter closures expected

22 Mar | Longs and Billet

Romanian longs prices stable amid ongoing optimism for demand

21 Mar | Longs and Billet