Local pig iron prices in China - week 22, 2025

Friday, 30 May 2025 17:12:06 (GMT+3)   |   Istanbul
Product   Price Price change Sales term
L08-10 steelmaking pig iron (Shanghai)  

RMB 2,760/mt

($384/mt)

- RMB 50/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 7.1848

Source: Steelhome


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