China's Ministry of Commerce (MOC) has announced that during last week (November 7-13) the overall average finished steel price inChinaincreased by four percent week on week.
In the given week, average prices ofrebar, high-speedwire rodand common mediumplateinChinarose by five percent, 4.6 percent and 4.5 percent week on week, respectively.
In the same week, the average price of non-ferrous metals inChinaincreased by 7.8 percent week on week. The average price of nickel (Ni> = 99.2%) rose by 10.8 percent compared to the previous week.
In the week in question, the average price of coal inChinaincreased by 1.6 percent week on week. In particular, the average prices of thermal coal,coking coaland anthracite coal moved up by 1.7 percent, 1.5 percent and 1.4 percent week on week, respectively.