China's Ministry of Commerce (MOC) announced that from March 16 to March 22 this year, the average price of finished steel in China increased slightly.
During the period, all average prices of steel channels, welded steel pipes and high-speed wire rod increased by 0.6 percent, 0.3 percent and 0.2 percent weekly, respectively.
During the same period, the average price of smokeless lump coal and thermal coal decreased by 1.0 percent and 0.3 percent, respectively, and the average price of coking coal increased by 1.0 percent week-on-week
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