China's Ministry of Commerce (MOC) has announced that during the June 29-July 5 period this year average finished steel prices in China continued their downward trend.
In the given period, the average prices of steel channel, high-speed wire rod and rebar decreased by 0.9 percent, 0.8 percent and 0.8 percent week on week, respectively.
In the same period, the average prices of thermal coal, smoke-free lump coal and coking coal declined by 0.4 percent, 0.2 percent and 0.2 percent week on week, respectively.