China's Ministry of Commerce (MOC) has announced that during the October 23-29 period this year the overall average finished steel price in China indicated an increasing trend.
In the given period, the average prices of rebar and high-speed wire rod rose by 0.5 percent and 0.4 percent, respectively, though the average price of welded steel pipe remained stable, week on week.
In the same period, the average price of thermal coal declined by 0.5 percent, the average price of coking coal edged up by 0.3 percent, while the average price of smoke-free lump coal remained stable, week on week.