Local pig iron prices in China - week 24, 2023

Friday, 16 June 2023 16:29:18 (GMT+3)   |   Istanbul

 Product

Price

Price change

Sales term

L08-10 steelmaking pig iron (Shanghai)

RMB 3,310/mt

($464/mt)

+ RMB 20/mt

(+ $1/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 7.1289

Source: Steelhome


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