Local pig iron prices in China - week 28, 2025

Friday, 11 July 2025 16:23:46 (GMT+3)   |   Istanbul
Product   Price Price change Sales term
L08-10 steelmaking pig iron (Shanghai)  

RMB 2,700/mt

($374/mt)

+ RMB 20/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 7.1491

Source: Steelhome


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