MOC: Average finished steel price in China rises by 0.3 percent

Wednesday, 27 March 2019 11:35:17 (GMT+3)   |   Shanghai

China's Ministry of Commerce (MOC) has announced that during last week (March 18-24) the overall average finished steel price in China rose by 0.3 percent week on week.  

In the given week, average prices of high-speed wire rod, rebar and hot rolled steel strip edged up by 0.5 percent, 0.4 percent and 0.2 percent, respectively, week on week.  

In the week in question, the average price of coal in China rose by 0.3 percent week on week. In particular, the prices of coking coal, thermal coal and anthracite coal softened by 0.9 percent, 0.2 percent and 0.1 percent, respectively, week on week.

In the same week, the average price of non-ferrous metals in China increased by 0.9 percent week on week.

Most Recent Related Articles

Ex-China wire rod prices stable as overseas demand freezes, local mood bearish

Iron ore prices down slightly after recent rise, supply fears still strong

Local Chinese rebar prices up 1.8% in mid-March, but outlook worsens

China’s industrial output in steel sector down just 2% in Jan-Feb

Local Chinese longs prices rise visibly amid better demand, government support