Product |
Price |
Price change |
Sales term |
L08-10 steelmaking pig iron (Shanghai) |
RMB 3,460/mt ($482/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 7.1728
Source: Steelhome
I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.