China's Ministry of Commerce (MOC) has announced that during the September 9-15 period this year the average finished steel prices in China edged up.
In the given period, the average prices of rebar, high-speed wire rod and hot rolled steel strip, increased by 0.7 percent, 0.5 percent and 0.4 percent week on week, respectively.
In the same period, the average prices of smoke-free lump coal and thermal coal rose by 0.6 percent and 0.1 percent, respectively, while the average price of coking coal declined by 0.2 percent, week on week.
$1 = RMB 7.0531