Local pig iron prices in China - week 36, 2025

Friday, 05 September 2025 17:44:04 (GMT+3)   |   Istanbul

Product

 

Price

Price change

Sales term

L08-10 steelmaking pig iron (Shanghai)

 

RMB 2,860/mt ($402/mt)

-RMB 60/mt
(-$8/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 7.1064

Source: Steelhome

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