MOC: Average steel prices in China increase during Oct 16-22

Thursday, 26 October 2023 10:09:51 (GMT+3)   |   Shanghai

China's Ministry of Commerce (MOC) has announced that during the October 16-22 period this year the overall average finished steel price in China indicated a rising trend.

In the given period, the average prices of high-speed wire rod and rebar rose by 0.5 percent and 0.4 percent, though the average price hot rolled steel strip remained stable, week on week, respectively.

In the same period, the average price of thermal coal declined by 0.2 percent, while the average prices of coking coal and smoke-free lump coal moved sideways, week on week, respectively.

EuniceOuyang
Eunice Ouyang
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I graduated from University of Shanghai for Science and Technology, with 16 years of deep expertise in the steel industry. I am responsible for steel-related news and intelligence, as well as leading the content team in China.

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