Local pig iron prices in China - week 12, 2024 

Friday, 22 March 2024 15:31:40 (GMT+3)   |   Istanbul

Product

Price

Price change

Sales term

L08-10 steelmaking pig iron (Shanghai)

RMB 3,280/mt

($462/mt)

- RMB 120/mt

(- $17/mt)

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 7.1004

Source: Steelhome 


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