Local pig iron prices in China - week 1, 2024

Friday, 05 January 2024 14:05:10 (GMT+3)   |   Istanbul

Product

Price

Price change 

Sales term

L08-10 steelmaking pig iron (Shanghai)

RMB 3,620/mt

($510/mt)

+ RMB 50/mt

(+$6/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 7.1029

Source: Steelhome

ElifKefeli
Elif Kefeli
Editor
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I graduated from Yeditepe University’s Department of Translation and Interpreting Studies in 2017. I joined SteelOrbis in 2021, where I currently work as a content specialist. I am writing news reports and industry-related content with a special focus on decarbonization, green steel, sustainability, and recycling.

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