In the period from January to June of this year, the weighted average cost of purchasing coking coal, metallurgical coke, domestic iron ore, imported iron ore fines and ferrous scrap in China increased by 8,72%, 6,53%, 2,66%, 1,52% and 0.26% year-on-year, respectively, as announced by the Chinese Association of Ferrous Metallurgy (CISA).
In June of this year, the weighted average cost of purchasing coking coal, metallurgical coke and ferrous scrap increased by 6.42%, 8.0% and 0.07% month-on-month, while the weighted average cost of purchasing finely ground Chinese-made iron ore (in dry form) and imported iron ore decreased by 3.48% and 3.31% on a monthly basis, respectively.
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