Local pig iron prices in China - week 4, 2024

Friday, 26 January 2024 14:26:55 (GMT+3)   |   Istanbul

Product 

Price 

Price change  

Sales term 

L08-10 steelmaking pig iron (Shanghai) 

RMB 3,620/mt 

($509/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 7.1074 

Source: Steelhome


Similar articles

Higher offers for ex-Russia BPI fail to work out, market closed for holidays

27 Dec | Scrap & Raw Materials

German crude steel output increases by 5.3 percent in January-November

24 Dec | Steel News

Japanese crude steel output down 0.5 percent in November from October

23 Dec | Steel News

Ex-Russia BPI price rebounds amid fewer offered volumes, with support of scrap

20 Dec | Scrap & Raw Materials

Ex-Brazil BPI prices settle at last week’s low level amid strong pressure from US buyers, Indian offers

20 Dec | Scrap & Raw Materials

Turkey’s pig iron imports decrease by 6.6 percent in January-October

16 Dec | Steel News

Import BPI market in US tumbles unexpectedly after latest sale from Brazil

13 Dec | Scrap & Raw Materials

Ex-Russia BPI down further amid weak demand-supply balance, even though scrap prices up

13 Dec | Scrap & Raw Materials

Ukraine reports 19.8 percent rise in pig iron output for Jan-Nov

10 Dec | Steel News

Brazilian pig iron exports decline sharply in November

06 Dec | Steel News