According to Ministry of Commerce, China steel price decreased 0.4% in the week ending May 26, 2013 versus the previous week.
China steel price decreased 0.4% with falling raw material prices and further steel ex-works price cut conducted by steel mills. Among them, 12mm rebar, 3mm HR sheet and 10mm plain medium plate fell down CNY 0.5 percent, 0.5 percent and 0.4 percent week on week.
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