Product | Price | Weekly price change | Sales term |
L08-10 steelmaking pig iron (Shanghai) | RMB 2,660/mt ($391/mt) | -RMB 100/mt (-$14/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 6.80
Source: SteelHome