Product | Price | Weekly price change | Sales term |
L08-10 steelmaking pig iron (Shanghai) | RMB 2,880/mt ($419/mt) | + RMB 150/mt (+$22/mt) | Ex-works |
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.87
Source: SteelHome