Local pig iron prices in China - week 12

Friday, 24 March 2023 15:09:53 (GMT+3)   |   Istanbul

 Product

Price

Price change

Sales term

L08-10 steelmaking pig iron (Shanghai)

RMB 3,700/mt

($541/mt)

RMB 50/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 6.8374

Source: Steelhome


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