Local pig iron prices in China - week 47, 2023

Friday, 24 November 2023 13:48:29 (GMT+3)   |   Istanbul

Product   

Price   

Price change   

Sales term   

L08-10 steelmaking pig iron (Shanghai)   

RMB 3,480/mt 

($489/mt) 

+ RMB 20/mt 

(+$7/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 7.1151 

Source: Steelhome

BoraKadıoğlu
Bora Kadıoğlu
Editor
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I graduated from Boğaziçi University with a degree in Translation and Interpreting Studies. I have been working in the iron and steel sector for three years as a content specialist at SteelOrbis, mainly focusing on plant investments, steelmaking technology, and import/export statistics.

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