In the January-July period this year, the weighted-average purchase costs in China of coking coal, metallurgical coke, domestic production iron ore, import iron ore fines and ferrous scrap increased by 13.82 percent, 11.85 percent, 2.06 percent, 1.03 percent and 0.59 percent year on year, respectively, as announced by the China Iron and Steel Association (CISA).
In July this year, the weighted-average purchase costs of coking coal and metallurgical coke increased by 8.42 percent and 8.07 percent month on month, while the weighted-average purchase costs of Chinese domestic production iron ore fines (dry basis), import iron ore and ferrous scrap declined by 2.43 percent, 4.69 percent and 1.09 percent, month on month, respectively.
