China's Ministry of Commerce (MOC) has announced that during the October 30-November 5 period this year the overall average finished steel price in China indicated a rising trend.
In the given period, the average prices of rebar, high-speed wire rod and steel channels rose by 1.1 percent, 1.1 percent and 0.5 percent week on week, respectively.
In the same period, the average price of coking coal remained stable, while the average prices of smoke-free lump coal and thermal coal declined by 2.9 percent and 1.4 percent week on week, respectively.