China's Ministry of Commerce (MOC) has announced that during the January 30-February 5 period this year the overall average finished steel price in China increased.
In the given period, the average prices of high-speed wire rod, common steel plate and rebar rose by 1.2 percent, 1.1 percent and 1.0 percent, week on week, respectively.
In the same period, the average prices of smoke-free lump coal, coking coal and thermal coal moved down by 1.4 percent, 1.0 percent and 0.7 percent, respectively, week on week.