China's Ministry of Commerce (MOC) has announced that during the May 22-28 period this year the overall average finished steel price in China indicated a slight downtrend.
In the given period, the average prices of rebar, high-speed wire rod and steel channels decreased by 2.0 percent, 1.8 percent and 1.7 percent week on week, respectively.
In the same period, the average prices of coking coal, thermal coal and smoke-free lump coal moved down by 1.6 percent, 0.7 percent and 0.6 percent week on week, respectively.