Local pig iron prices in China - week 1, 2026

Friday, 02 January 2026 17:54:28 (GMT+3)   |   Istanbul
Product Price Price change Sales term
L08-10 steelmaking pig iron (Shanghai) RMB 2,880/mt ($410/mt) - 
( +$2/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 7.0173

Source: Steelhome

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