China's Ministry of Commerce (MOC) has announced that during last week (November 12-18) the overall average finished steel price in China edged down by 1.2 percent week on week.
In the given week, average prices of hot rolled steel strip, common steel medium plate and high-speed wire rod in China decreased by 1.4 percent, 1.3 percent and 1.3 percent, respectively, week on week.
In the week in question, the average price of coal in China decreased by 0.2 percent week on week. In particular, the prices of coking coal and thermal coal moved down by 0.6 percent and 0.2 percent, while anthracite coal moved stable, respectively, week on week.
In the same week, the average price of non-ferrous metals in China edged down by 0.8 percent week on week.