MOC: Average finished steel price in China moves down slightly

Wednesday, 11 June 2014 11:27:47 (GMT+3)   |   Shanghai
       

On June 10, China's Ministry of Commerce (MOC) announced that during last week (June 2-8) the overall average finished steel price in China decreased by 0.2 percent compared to the previous week.

In the given week, the average prices of equal angles and steel channels in China decreased by 0.4 and 0.3 percent week on week, respectively.
In the given week, the average price of non-ferrous metals in China decreased by 0.3 percent compared to the previous week. The average price of nickel (Ni >= 99.2%) rose by 1.1 percent week on week.

In addition, in the week in question, the average price of coal in China remained stable week on week. The average prices of brown coal, bituminous coal and anthracite coal were all unchanged compared to the previous week.


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