China's Ministry of Commerce (MOC) has announced that during the August 4-10 period this year the average finished steel prices in China moved down.
In the given period, the average prices of rebar, high-speed wire rod and steel channels decreased by 0.7 percent, 0.6 percent and 0.3 percent, respectively, week on week.
In the same period, the average prices of coking coal, smoke-free lump coal and thermal coal rose by 1.8 percent, 0.5 percent and 0.3 percent, respectively, week on week.
$1 = RMB 7.1371
