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Steel prices increased in China

China's Ministry of Commerce (MOC) announced that there was a slight increase in Chinese steel prices in the period from July 3-9.

Steel prices increased in China

According to the information provided by the China’s Ministry of Commerce (MOC), China average finished steel prices started to rise on July 3-9.

On a weekly basis, rebar price rose 0.3 percent, U-profile price 0.3 percent and high-speed wire rod price 0.2 percent.

While the price of thermal coal increased by 1 percent and coking coal price by 0.6 percent on a weekly basis; The price of smoke-free lump coal decreased by 0.1 percent.

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