China's Ministry of Commerce (MOC) has announced that during the October 7-13 period this year the average finished steel prices in China edged down slightly.
In the given period, the average prices of common steel plate, hot-rolled steel strip and high-speed wire rod decreased by 0.8 percent, 0.8 percent and 0.7 percent week on week, respectively.
In the same period, the average price of coking coal, smoke-free lump coal and thermal coal rose by 0.4 percent, 0.2 percent and 0.2 percent week on week, respectively.
$1 = RMB 7.122
