China's Ministry of Commerce (MOC) has announced that during last week (May 21-27) the overall average finished steel price in China decreased by 0.4 percent week on week.
In the given week, average prices of high-speed wire rod, rebar, common steel round bar and common medium steel plate in China respectively decreased by 0.8 percent, 0.7 percent, 0.4 percent and 0.3 percent, week on week.
In the same week, the average price of non-ferrous metals in China edged up by 0.3 percent week on week. The average price of nickel (Ni> = 99.2%) increased by 0.7 percent compared to the previous week.
In the week in question, the average price of coal in China decreased by 0.4 percent week on week. In particular, the price of thermal coal edged down by 0.7 percent, the price of coking coal increased by 0.3 percent, while the price of anthracite coal remained stable, all week on week.