Local pig iron prices in China - week 8, 2025

Friday, 21 February 2025 17:25:08 (GMT+3)   |   Istanbul

 

Product   Price Price change Sales term
L08-10 steelmaking pig iron (Shanghai)  

RMB 2,980/mt

($416/mt)

- RMB 20/mt

(- $2/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 7.1696

Source: Steelhome


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