MOC: Average rebar price in China remains stable

Wednesday, 15 May 2019 11:32:40 (GMT+3)   |   Shanghai

China's Ministry of Commerce (MOC) has announced that during last week (May 6-12) average finished steel prices in China fluctuated within a limited range.  

In the given week, the average price of steel channel edged down by 0.4 percent, the average price of welded steel pipe edged up by 0.4 percent, while the average prices of rebar and high-speed wire rod remained stable, respectively, week on week.  

In the week in question, the average price of coal in China moved up slightly week on week. In particular, the prices of coking coal and anthracite coal rose by 0.5 percent and 0.4 percent, respectively, while the average price of thermal coal remained stable, week on week.

In the same week, the average price of non-ferrous metals in China declined slightly week on week.

Most Recent Related Articles

Ex-CIS billet prices under pressure from weak demand, negative sentiment in scrap

India’s ArcelorMittal Nippon Steel bids to secure iron ore mines in Odisha

China’s HRC output up 10% in 2019, CRC output rises by 3.5 percent

Short sea scrap price down sharply in fresh deals to Turkey

US import HDG still holding steady