China's Ministry of Commerce (MOC) has announced that during the March 16-22 period this year the average finished steel price in China edged up slightly.
In the given period, all the average prices of steel channels, welded steel pipes and high-speed wire rod increased by 0.6 percent, 0.3 percent and 0.2 percent week on week, respectively.
In the same period, the average price of smoke-free lump coal and thermal coal decreased by 1.0 percent and 0.3 percent, respectively, while the average price of coking coal rose by 1.0 percent, week on week.