China steel price down 0.3% on week, MOC Price,  Steel Products 2018-05-17 08:24:00

China's average steel price decreased 0.3% on the week, showed the latest price data of steel and other means of production from Ministry of Commerce monitored in the week ended May 13.

Specifically, prices of high-speed wire rod averaged 4,127 yuan/t in the week, down 0.6% from a week ago; the average prices of rebar, smooth bar and HRC were 4,034 yuan/t, 4,170 yuan/t and 4,144 yuan/t, respectively, down 0.6%, 0.1% and 0.3%.

Coal prices edged up in the week. Thermal coal prices averaged 596 yuan/t, unchanged week on week; anthracite 848 yuan/t, up 0.7%; coking coal, 750 yuan/t, up 0.4%.

The price of non-ferrous metals rose 0.5% on the week, in which copper, zinc, aluminum and lead prices increased 2.2%, 0.1%, 0.9% and 2.2%, respectively. Prices of tin and nickel decreased 0.8%, and 0.1%.

(Writing by Alex Guo  Editing by Harry Huo)
For any questions, please contact us by or +86-351-7219322.

Share this article
Connect with us

Editors Recommendations

1 Chinese thermal coal loses strength as poor demand bites 2019-01-24

Chinese spot thermal coal prices edged down after a week-long rise, indicting thin demand continued weighing on the market as support from the coal accident has faded. On January 23, the

2 Australian thermal coal further gains steam in China seaborne market 2019-01-24

Australian high-CV thermal coal further gained steam in Chinese seaborne import market in midweek, continuing an uptick started late last week backed by buying mainly from financially sound traders.

3 Henan Dec power output up 13% on yr 2019-01-24

Central China's Henan province generated 27.33 TWh of electricity in December, a 12.98% increase from a year ago, showed data from the local supervision office under the National Energy Administration

4 China's top 3 provinces contribute 69% of raw coal output in 2018 2019-01-23

Northern China's three largest coal bases produced 68.89% of the country's total raw coal in 2018, a further increased from 66.82% in 2017, showed data from the National Bureau of Statistics (NBS).

5 China Coal Daily Track (Jan 23) 2019-01-23

Thermal coal Domestic market Production area In Shaanxi, coal prices climbed further as local supply remained tight amid production suspension at local mines. One miner has raised p

6 Shaanxi's Yulin urges steady coal supply during holiday and "two sessions" 2019-01-23

Yulin city, one major coal hub in northwestern China's Shaanxi province, urged in a notice that local mining companies to ensure steady coal supply during the upcoming Lunar New Year holiday and the "

7 Chinese long-term coal contracts to decrease this year, sources 2019-01-23

Total volume of thermal coal supplied under long-term contracts to power groups is poised to fall visibly in China this year, data showed. Chinese utilities were less active in sign

8 Chinese spot thermal coal market cools down; traders caution post-holiday drops 2019-01-23

Chinese spot thermal coal market showed signs of cooling down, as factories are closing with the approaching Lunar New Year holiday and the mine accident effect is also dying down. On Jan

9 China import thermal coal prices at 2-mth high as sentiment heats up 2019-01-23

Prices of overseas thermal coal to be sold to China have climbed to a two-month high lately, as foreign miners stayed bullish on supply shrink and better demand from India, though Chinese buying inter

10 China Shenhua 2018 commercial coal output up 0.4% YoY 2019-01-23

China Shenhua Energy Co., Ltd, a listed arm of China Energy Investment Corporation, produced 296.6 million tonnes of commercial coal in 2018, up 0.4% year on year, the company said in a statement issu

Most Read Articles

1 More coal mines ordered to stop production in Shaanxi 2019-01-16

More coal mines are ordered to halt operation for rectification in Yulin city, northwestern China's Shaanxi province after a fatal accident in Shenmu on January 12. Coal mines with blasti

2 Will China coal market strengthen after fatal mine accident? 2019-01-15

A severe coal mine accident happened on January 12 has brought Chinese coal industry into spotlight. Strengthened safety inspection will inevitably lead to a reduction of coal output in the short run.

3 China 2018 coal imports up 3.9%, above expectations 2019-01-14

China imported a total 281.23 million tonnes of coal, lignite included, in 2018, customs data showed, failing to meet the government's earlier expectations of controlling at lose to the 2017 level.

4 Thoughts about Chinese Shenmu coal accident 2019-01-18

One deadly coal mine accident in northwestern China's Shaanxi province on January 12, which took away 21 lives, has shocked the entire market. Beyond sorrow and regret, there are many aspects we sh

5 Indonesian coal miners bullish about near-term market 2019-01-17

Indonesian miners were bullish about the thermal coal market in the near future, traders reported, buoyed by Chinese mine accident, rain-induced supply shortage and Indonesian government policy.

6 China's coal remaining reserves & resources exceed 1.6 tln T 2019-01-17

China's remaining reserves & resources of coal reached 1.67 trillion tonnes by the end of 2017, according to a report issued by the Ministry of Natural Resources, up 4.3% from a year ago.

7 China's Menghua railway may barely influence near-term coal shipment layout 2019-01-17

China's long-awaited Menghua railway that connects coal production bases with industrial hub in the South is expected to finish construction and open to traffic before October 1 this year at the soone

8 Traders divided on China's pre-holiday thermal coal market 2019-01-18

Participants in Chinese spot thermal coal market were divided in the short-term outlook before the Spring Festival holiday, with some holding back on sales anticipating strong pickups while the others

9 China Dec power coal price index overview 2019-01-18

China's monthly-issued price index of power coal staged a year-on-year decline of 2.61% in the last month of 2018, which was still 0.41% higher compared with the November level, showed data from the s

10 Shaanxi Shenmu coal mines halted after accident, propping up local prices 2019-01-15

Seventy private coal mines in Shenmu of Shaanxi province in northwestern China have been ordered to halt production, after roof collapse at a mine in the city caused 21 deaths last weekend.

Scan to download mobile APP