China's Ministry of Commerce (MOC) has announced that during the August 7-13 period this year the overall average finished steel price in China continued the slight downtrend.
In the given period, the average prices of rebar, high-speed wire rod and hot-rolled steel strip moved down by 1.2 percent, 1.2 percent and 0.8 percent, week on week, respectively.
In the same period, the average prices of thermal coal decreased by 0.1 percent, while prices of coking coal and smoke-free lump coal rose by 0.5 percent and 0.2 percent, week on week, respectively.