China's Ministry of Commerce (MOC) has announced that during last week (July 29-August 4) the overall average finished steel price in China edged down slightly week on week.
In the given week, the average prices of rebar, high-speed wire rod and hot rolled steel strip moved down by 0.4 percent, 0.3 percent and 0.3 percent, respectively, week on week.
In the week in question, the average price of coal in China moved sideways. In particular, the price of thermal coal remained stable, the prices of anthracite coal edged down by 0.1 percent, while the price of coking coal moved up by 0.1 percent, week on week.