China's Ministry of Commerce (MOC) has announced that during the May 15-21 period this year the overall average finished steel price in China edged down.
In the given period, the average prices of common steel plate, welded steel pipe and steel channel decreased by 0.7 percent, 0.5 percent and 0.4 percent week on week, respectively.
In the same period, the average prices of coking coal, smoke-free lump coal, and thermal coal moved down by 1.9 percent, 0.7 percent and 0.3 percent week on week, respectively.
