Local pig iron prices in China - week 41

Friday, 11 October 2019 11:15:28 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

L08-10 steelmaking pig iron (Shanghai)

RMB 3,010/mt

($426/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. Meanwhile, due to the closed Chinese market during National Day holiday between October 1-7, the changes on the table above are as compared to the prices recorded on Week 39. 

$1 = RMB 7.07

Source: SteelHome


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