Local pig iron prices in China - week 51, 2023   

Friday, 22 December 2023 10:29:40 (GMT+3)   |   Istanbul

Product   

Price   

Price change   

Sales term   

L08-10 steelmaking pig iron (Shanghai)   

RMB 3,570/mt 

($503/mt) 

+ RMB 30/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 7.0953 

Source: Steelhome 

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