Product | Price | Weekly price change | Sales term |
L08-10 steelmaking pig iron (Shanghai) | RMB 2,760/mt ($400/mt) | +190 RMB/mt (+$7/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 6.89
Source: SteelHome