Steel prices rise in China, coal prices fall

The Ministry of Commerce (MOC) of China reported that steel prices in China increased overall from August 19 to 25, 2024. During this period, rebar and high-speed wire rod prices increased by 0.7%, while U-beam prices decreased by 0.3%.

At the same time, thermal coal, coke and smokeless lump coal prices also decreased slightly during this week. Thermal coal prices decreased by 0.1%, coke prices decreased by 0.4% and smokeless lump coal prices decreased by 0.1%.