China's Ministry of Commerce (MOC) has announced that during last week (May 3-9) the overall average finished steel price in China moved up.
In the given week, the average prices of high-speed wire rod, rebar common steel plate and hot rolled coil (HRC) rose by 2.9 percent, 2.8 percent, 2.5 percent and 2.2 percent, respectively, week on week.