China's Ministry of Commerce (MOC) has announced that during the May 11-17 period this year the average finished steel price in China continued the uptrend.
In the given period, the average prices of welded steel pipe, high-speed wire rod and rebar increased by 0.7 percent, 0.6 percent and 0.4 percent week on week, respectively.
In the same period, the average prices of coking coal, thermal coal and smoke-free lump coal rose by 2.3 percent, 0.4 percent and 0.2 percent week on week, respectively.