Local pig iron prices in China - week 41, 2024

Friday, 11 October 2024 16:27:28 (GMT+3)   |   Istanbul

Product

Price

Price change

Sales term

L08-10 steelmaking pig iron (Shanghai)

RMB 3,310/mt

($468/mt)

+RMB 280/mt

(+$45/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 7.0731

Source: Steelhome


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