Local pig iron prices in China - week 12, 2025

Friday, 21 March 2025 13:39:20 (GMT+3)   |   Istanbul
Product   Price Price change Sales term
L08-10 steelmaking pig iron (Shanghai)  

RMB 2,850/mt

($397/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 7.176

Source: Steelhome


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