The weighted average purchase costs for China's coking coal and coke in January-October rose 38.08% and 7.54% year on year respectively, showed data from China Iron and Steel Association (CISA).
The costs for domestic production iron ore fines, import iron ore fines and ferrous scrap declined by 26.47%, 26.43% and 2.33% during the same period.
In October also, coking coal weighted average purchase costs rose 3.28% month on month. The figures for coke and import fine ores climbed by 2.33% and 9.73% from September.
However, costs for Chinese domestic production fine ores and scrap dropped 0.49% and 2.34% in the month.
(Writing by Rebecca Liu Editing by Tammy Yang)
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