Local pig iron prices in China - week 44, 2025

Friday, 31 October 2025 16:35:11 (GMT+3)   |   Istanbul
Product Price Price change Sales term
L08-10 steelmaking pig iron (Shanghai) RMB 2,920 /mt ($412/mt) + INR 30/mt
($5/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 7.088

Source: Steelhome


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