China's Ministry of Commerce (MOC) has announced that during last week (June 10-16) the overall average finished steel price in China declined slightly week on week.
In the given week, the average prices of steel channel, rebar and high-speed wire rod edged down by 0.6 percent, 0.5 percent and 0.3 percent respectively, week on week.
In the week in question, the average price of coal in China fluctuated within a limited range week on week. In particular, the price of coking coal declined by 0.3 percent, while the prices of anthracite coal and thermal coal decreased by 0.3 and 0.2 percent, respectively, week on week.
In the same week, the average price of non-ferrous metals in China rebounded slightly week on week.