China's Ministry of Commerce (MOC) has announced that during the August 22-28 period this year the overall average finished steel price in China edged down slightly.
In the given period, the average prices of high-speed wire rod, hot rolled steel strip and welded steel pipe all declined by 0.2 percent, week on week.
In the same period, the average price of smoke-free lump coal declined by 0.1 percent, while average prices of thermal coal and coking coal in China rose by 0.6 percent and 0.2 percent, respectively, week on week.