China’s Ministry of Commerce (MOC) has announced that during the February 19-25 period this year the overall average finished steel price in China edged down slightly.

In the given period, the average prices of hot rolled steel strip, rebar and high-speed wire rod decrease by 0.4 percent, 0.3 percent and 0.2 percent week on week respectively.

In the same period, the average prices of both thermal coal and coking coal remained stable, while the average price of smoke free lump coal rose by 0.3 percent, week on week.