You are here: Home > Steel News > Latest Steel News > MOC:...

MOC: Average finished steel price in China down slightly

Wednesday, 15 January 2014 11:00:00 (GMT+3)   |   Shanghai
       

China's Ministry of Commerce (MOC) has announced that during last week (January 6-12) the overall average finished steel price in China decreased by 0.2 percent week on week.

In the given week, the average prices of 80 mm x 43 mm x 5 mm channel bar, 12 mm diameter rebar and 6.5 mm diameter high-speed wire rod were down 0.4 percent, 0.3 percent and 0.3 percent week on week, respectively.

In the week ending January 12, the average price of minerals in China was down 0.1 percent compared to the previous week. In particular, the average prices of tin ore, zinc ore, copper ore and lead ore were down 2.7 percent, one percent, 0.7 percent and 0.6 percent respectively, while the average price of iron ore remained stable .

In the given week, the average price of non-ferrous metals in China was down 0.7 percent compared to the previous week. The average price of nickel (Ni >= 99.2%) remained stable week on week.

In addition, in the week in question the average price of energy in China was down 1.2 percent week on week. The average prices of brown coal, bituminous coal and anthracite coal were down 3.7 percent, 2.2 percent and 1.8 percent respectively, all week on week.


Similar articles

Attendees of the SteelOrbis Steel Trade conference "look for the light"

13 Jul | Steel Matters

Conversation with Dr. Zeki Kaya, Albania Country Coordinator of Kurum Holding Co. and with Mr. Rifat Esen, Chief ...

16 Aug | Steel News

Ex-China rebar prices decline amid negative mood, though some output cuts announced

22 Nov | Longs and Billet

CEOs at MEIS: MENA steel market recovers unlike other regions, focus on clean steel and sustainability

22 Nov | Steel News

Dao Fortune at MEIS: China’s steel demand to fall by 20-30 million mt per year, but policy to cut debts promising

22 Nov | Steel News

Asian wire rod prices edge down further despite rises in Chinese futures prices

21 Nov | Longs and Billet

Ex-China billet prices hit bottom for now as another stimulus expected, ex-ASEAN deals sporadic

19 Nov | Longs and Billet

Import rebar prices in Asia sink to new low due to sharp fall in China

15 Nov | Longs and Billet

Billet prices for SE Asian buyers fall, but trading not so active with more declines possible

14 Nov | Longs and Billet

China becomes aggressive in billet exports again, pressure on ASEAN mills increases

12 Nov | Longs and Billet