China's Ministry of Commerce (MOC) has announced that during last week (April 25-May 1) the overall average finished steel price in China increased by 0.9 percent week on week.
In the given week, average prices of channels, common round steel and rebar in China moved up by 1.3 percent, 1.0 percent and 0.9 percent week on week, respectively.
In the same week, the average price of non-ferrous metals in China increased by 0.7 percent week on week. The average price of nickel (Ni> = 99.2%) declined by 0.7 percent compared to the previous week.
In the week in question, the average price of coal in China remained stable week on week. In particular, the average prices of anthracite coal and thermal coal remained stable week on week while the average price of coking coal increased by 0.2 percent week on week.