Local pig iron prices in China - week 13, 2026

Friday, 27 March 2026 15:47:26 (GMT+3)   |   Istanbul
Product Price Price change Sales term
L08-10 steelmaking pig iron (Shanghai) RMB 2,930/mt ($424/mt)

+RMB 20/mt

(+$3/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 6.9223
Source: Steelhome

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