Pig Iron offers were stable since the last week of September in China.
Prices rise by RMB 100/MT the last day on account of increase of finished steel offers.
Market participants expect Pig Iron prices to sustain at same levels in October.
In Tangshan, Pig Iron is quoted unchanged at RMB 2,600-2,650/MT (Ex works prices inclusive of 17% VAT on cash payment basis).
Leave a Reply