China's Ministry of Commerce (MOC) has announced that during the July 15-21 period this year the average finished steel price in China indicated an overall downtrend.
In the given period, the average prices of hot rolled steel strip, welded steel pipes and rebar decreased by 0.4 percent, 0.4 percent and 0.2 percent week on week, respectively.
In the same period, the average prices of smoke-free lump coal, coking coal and thermal coal rose by 0.2 percent, 0.2 percent, and 0.1 percent week on week, respectively.