Local pig iron prices in China - week 48, 2023   

Friday, 01 December 2023 14:09:48 (GMT+3)   |   Istanbul
       

Product   

Price   

Price change   

Sales term   

L08-10 steelmaking pig iron (Shanghai)   

RMB 3,520/mt 

($495/mt) 

+ RMB 40/mt 

(+ $6/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 7.1104 

Source: Steelhome 


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