MOC: Average steel price in China up 0.3 percent

Thursday, 10 January 2013 14:38:43 (GMT+3)   |   Shanghai
       

China's Ministry of Commerce (MOC) has announced that during last week (December 31, 2012-January 6, 2013) the average steel price in China increased by 0.3 percent compared to the previous week.

In particular, in the given week prices of 500 mm x 200mm H-beam, 10 mm steel plate and 80 mm x 43 mm x 5.0 mm steel channel increased by 0.4 percent, 0.4 percent and 0.3 percent respectively, all week on week.

In the week ending January 6, average prices of minerals in China witnessed an increase of 1.6 percent week on week. Furthermore, the average prices of iron ore in China increased by 1.9 percent week on week in the week in question, while the aggregate price increase of iron ore in the latest four weeks reached 9.3 percent.

Meanwhile, in the given week average prices of energy in China decreased by 0.1 percent week on week. The average prices of raw coal and coke in China remained unchanged compared to the previous week, while the average price of crude oil indicated a week-on-week decrease one percent.


Similar articles

MOC: Average finished steel price in China down slightly

29 Jan | Steel News

MOC: Average finished steel price in China down slightly

07 Jan | Steel News

MOC: Average finished steel price in China rises

25 Dec | Steel News

MOC: Average finished steel price remains stable in China

06 Nov | Steel News

MOC: Average steel price in China softens slightly

06 Aug | Steel News

Japan’s steel exports up 12.9 percent in Q1

02 May | Steel News

MOC: Average steel price in China up 0.2 percent

27 Dec | Steel News

MOC: Average steel price in China down 0.2 percent

28 Nov | Steel News

Nucor earnings plummet amid “severe” pricing downtrend

20 Jul | Steel News

Yili Steel eyes finished steel output capacity of 3-5 million mt by 2015

11 Jan | Steel News