MOC: Average finished steel price in China slips last week

Wednesday, 14 August 2019 11:22:40 (GMT+3)   |   Shanghai
       

China's Ministry of Commerce (MOC) has announced that during last week (August 5-11) the overall average finished steel price in China edged down slightly on week-on-week basis.

In the given week, the average prices of rebar, high-speed wire rod and hot rolled steel strip moved down by 1.2 percent, 1.1 percent and 0.6 percent, respectively, week on week.

In the week in question, the average price of coal in China moved down slightly. In particular, the price of thermal coal, anthracite coal and coking coal moved down by 0.9 percent, 0.4 percent and 0.3 percent, respectively, when compared to the previous week.


Most Recent Related Articles

China’s iron ore output up 4.8 percent in August amid strong demand

Iron ore prices down sharply amid falling futures and insufficient steel demand in China

Inventories of main finished steel products in China up 0.6%, driven by HRC and rebar

Iron ore prices decline gradually due to weaker steel market

Offers for Asian wire rod keep moving up following recent deals