China's Ministry of Commerce (MOC) has announced that during last week (July 30-August 5) the overall average finished steel price in China edged up by 0.9 percent week on week.
In the given week, average prices of high-speed wire rod, rebar, welded steel pipe and steel round bar in China respectively increased by 1.1 percent, 1.1 percent, 1.1 percent and 0.8 percent week on week.
In the week in question, the average price of coal in China remained stable week on week. In particular, the prices of thermal coal moved up by 0.2 percent, while coking coal prices moved down by 0.5 percent, while the price of anthracite coal remained stable, week on week.
In the same week, the average price of non-ferrous metals in China edged down by 0.6 percent week on week. The average price of nickel (Ni > = 99.2%) decreased by 0.9 percent compared to the previous week.
