China's Ministry of Commerce (MOC) has announced that during last week (March 13-19) the overall average finished steel price in China increased by 0.7 percent week on week.
In the given week, average prices of high-speed wire rod, rebar and common round steel in China rose by 0.8 percent, 1.1 percent and one percent week on week, respectively.
In the same week, the average price of non-ferrous metals in China increased by 1.4 percent week on week. The average price of nickel (Ni > = 99.2%) moved up by 0.9 percent compared to the previous week.
In the week in question, the average price of coal in China increased by 0.4 percent week on week. In particular, the average prices of thermal coal and coking coal moved up by 0.5 percent and 0.6 percent, while anthracite coal prices decreased by 0.1 percent, respectively, all week on week.