Average steel prices in China rise slightly during Jan 23-29

China's Ministry of Commerce (MOC) has announced that during the January 23-29 period this year the overall average finished steel price in China rose slightly. In the given period, the average prices of high-speed wire rod, common steel plate and hot rolled steel strip all increased by 0.2 percent, week on week. In the same period, the average price of smoke-free lump coal and thermal coal edged down by 1.3 percent and 0.1 percent, respectively, while the average price of coking coal edged up by 0.1 percent, week on week.