China's Ministry of Commerce (MOC) has announced that during last week (January 7-13) the overall average finished steel price in China edged down by 0.3 percent week on week.
In the given week, average prices of rebar, high-speed wire rod and hot rolled steel strip in China decreased by 0.5 percent, 0.4 percent and 0.4 percent, respectively, week on week.
In the week in question, the average price of coal in China softened by 0.1 percent week on week. In particular, the prices of anthracite coal and coking coal respectively edged down by 0.7 percent and 0.1 percent, while the price of thermal coal rose by 0.2 percent, week on week.
In the same week, the average price of non-ferrous metals in China remained stable week on week.