Local pig iron prices in China - week 29, 2025

Friday, 18 July 2025 16:52:39 (GMT+3)   |   Istanbul
Product   Price Price change Sales term
L08-10 steelmaking pig iron (Shanghai)   RMB 2,760/mt ($385/mt) +RMB 60 /mt 
(+$9/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 7.1498

Source: Steelhome


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