Local pig iron prices in China - week 32, 2025

Friday, 08 August 2025 15:37:49 (GMT+3)   |   Istanbul
Product   Price Price change Sales term
L08-10 steelmaking pig iron (Shanghai)   RMB 2,920/mt ($409/mt) -RMB 10/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 7.1405

Source: Steelhome


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