Local pig iron prices in China - week 10, 2024

Friday, 08 March 2024 14:37:59 (GMT+3)   |   Istanbul
       

Product 

Price 

Price change

Sales term 

L08-10 steelmaking pig iron (Shanghai) 

RMB 3,520/mt 

($496/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 7.0978 

Source: Steelhome 

 


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