Local pig iron prices in China - week 47, 2025

Friday, 21 November 2025 15:49:40 (GMT+3)   |   Istanbul

Product

Price

Price change

Sales term

L08-10 steelmaking pig iron (Shanghai)

RMB 2,900/mt ($409/mt)

- RMB 20/mt
(-$3/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 7.0875

Source: Steelhome


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