Local pig iron prices in China - week 31, 2023

Friday, 04 August 2023 13:58:22 (GMT+3)   |   Istanbul
       

Product 

Price 

Price change



 

Sales term 

L08-10 steelmaking pig iron (Shanghai) 

RMB 3,420/mt 

($479/mt) 

+ RMB 50/mt 

(+ $7) 

Ex-works 

The local Chinese market price includes 13 percent VAT. 

Exchange rate fluctuations are taken into consideration when calculating the weekly price changes. 

$1 = RMB 7.138 

Source: Steelhome 


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