Product |
Price |
Price change |
Sales term |
L08-10 steelmaking pig iron (Shanghai) |
RMB 3,450/mt ($486/mt) |
+ RMB 50/mt (+ $7/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 7.1056
Source: Steelhome