According to report released by China's Ministry of Commerce (MOC), the average steel prices during July 22nd and July 28th increased by 0.2% from a week ago. In the given period of time, the average prices of rebar with diameter of 12mm and high-speed wire rods with diameter of 6.5mm rose by 0.4% week on week respectively. Meanwhile, the average price of minerals in China increased by 0.1%; that of energy was up by 0.1%; that of crude oil rose by 2.8%, all compared to the price in a week ago.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65629&division=A2
