China's Ministry of Commerce (MOC) has announced that during the June 13-19 period the overall average finished steel price in China edged down slightly.
In the given period, the average prices of rebar, high-speed wire rod and steel channels moved down by 1.6 percent, 1.6 percent and 1.4 percent, respectively, week on week.
In the same period, the average price of thermal coal and coking coal in China moved up by 2.0 percent and 1.2 percent, respectively, week on week.
$1 = RMB 6.685