China's Ministry of Commerce (MOC) has announced that during the July 18-24 period this year the overall average finished steel price in China moved down.
In the given period, the average prices of hot rolled steel strip, steel channels and welded steel pipes moved down by 2.4 percent, 2.4 percent and 2.2 percent, respectively, week on week.
In the same period, the average price of coking coal, smoke-free lump coal and thermal coal in China declined by 1.2 percent, 0.3 percent and 0.1 percent, respectively, week on week.
