China's Ministry of Commerce (MOC) has announced that during the January 26-February 1 period this year the average finished steel price in China edged down slightly.
In the given period, the average prices of steel channels, high-speed wire rod and rebar decreased by 0.3 percent, 0.2 percent and 0.1 percent week on week, respectively.
In the same period, the average prices of coking coal and smoke-free lump coal increased by 0.2 percent and 0.1 percent, respectively, while the average price of thermal coal remained stable, all week on week.