Local pig iron prices in China - week 35, 2025

Friday, 29 August 2025 14:46:29 (GMT+3)   |   Istanbul
Product   Price Price change Sales term
L08-10 steelmaking pig iron (Shanghai)   RMB 2,920/mt ($410/mt) -
(+$1/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 7.1072

Source: Steelhome

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