China's Ministry of Commerce (MOC) has announced that during the August 10-16 period this year average finished steel prices in China fluctuated within a limited range.
In the given period, the average prices of steel channels and high-speed wire rod declined by 0.5 percent and 0.1 percent, while the average prices of hot rolled steel strip and common steel plate rose by 0.2 percent and 0.1 percent, respectively, week on week.