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< Scrap & Raw Materials
Home > Steel Prices > Steel Price Analyses > Scrap & Raw Materials > Local...

Local pig iron prices in China - week 31, 2025

Friday, 01 August 2025 16:28:18 (GMT+3)   |   Istanbul
Product   Price Price change Sales term
L08-10 steelmaking pig iron (Shanghai)   RMB 2,930/mt ($410/mt) +RMB 30/mt
(+$4/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 7.1496

Source: Steelhome


Tags: Pig Iron Raw Mat China Far East Steelmaking 

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