MOC: Average finished steel price in China up 1.1 percent

Wednesday, 17 April 2019 12:06:48 (GMT+3)   |   Shanghai

China's Ministry of Commerce (MOC) has announced that during last week (April 8-14) the overall average finished steel price in China increased by 1.1 percent week on week.  

In the given week, average prices of high-speed wire rod, rebar, medium common steel plate and hot rolled steel strip increased by 1.4 percent, 1.3 percent, 0.9 percent and 0.7 percent, respectively, week on week.  

In the week in question, the average price of coal in China moved sideways week on week. In particular, the prices of coking coal and anthracite coal edged down by 0.4 percent and 0.3 percent, respectively, while the price of thermal coal rose by 0.2 percent, respectively, week on week.

In the same week, the average price of non-ferrous metals in China edged down by 0.1 percent week on week.

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