Product |
Price |
Price change (August 25) |
Sales term |
L08-10 steelmaking pig iron (Shanghai) |
RMB 2,730/mt ($423/mt) |
+ RMB 50/mt (+$21/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 6.45
Source: SteelHome