China's Ministry of Commerce (MOC) has announced that during last week (September 5-11) the overall average finished steel price in China decreased by 0.1 percent week on week.
In the given week, average prices of common medium plate, channels and hot rolled strip in China declined by 0.4 percent, 0.3 percent and 0.1 percent week on week, respectively.
In the same week, the average price of non-ferrous metals in China increased by 0.4 percent week on week. The average price of nickel (Ni> = 99.2%) rose by 2.3 percent compared to the previous week.
In the week in question, the average price of coal in China increased by 0.8 percent week on week. In particular, the average prices of coking coal, thermal coal and anthracite coal increased by 0.9 percent, 0.8 percent and 0.4 percent week on week, respectively.