China's Ministry of Commerce (MOC) has announced that during last week (June 6-12) the overall average finished steel price in China remained stable week on week.
In the given week, average prices of rebar and high-speed wire rod in China increased by 0.6 percent and 0.5 percent, respectively, while average prices of hot rolled strip and common round steel declined by 0.4 percent and 0.1 percent, respectively, all week on week.
In the same week, the average price of non-ferrous metals in China decreased by 0.3 percent week on week. The average price of nickel (Ni> = 99.2%) rose by 1.7 percent compared to the previous week.
In the week in question, the average price of coal in China remained stable week on week. In particular, the average prices of anthracite coal and coking coal decreased by 0.3 percent and increased by 0.2 percent week on week, respectively, while the average price of thermal coal remained stable week on week.