China's Ministry of Commerce (MOC) has announced that during last week (August 15-21) the overall average finished steel price in China increased by 1.5 percent week on week.
In the given week, average prices of hot dip galvanized (HDG), channels, high-speed wire rod and rebar in China rose by 1.9 percent, 1.8 percent, 1.5 percent and 1.3 percent week on week, respectively.
In the same week, the average price of non-ferrous metals in China decreased by 0.1 percent week on week. The average price of nickel (Ni> = 99.2%) declined by 1.6 percent compared to the previous week.
In the week in question, the average price of coal in China increased by 0.2 percent week on week. In particular, the average prices of thermal coal and coking coal both rose by 0.2 percent week on week, while the average price of anthracite coal remained stable week on week.