Markets in China continue to witness few
trades for Steel Pig iron.
As no improvement is seen in the Steel
sector, buying of the semi finished material has come down.
Few of the plants have stopped using Steel
Pig Iron and wait to take position.
Further, there is little expectations for
improvement in near term.
Current prices in (RMB/t) of various cities:
Xinjiang 2,850-2,880
Tangshan 3,150-3,200
Tianjin 3,230-3,260
Nanchang 3,450-3,500
Benxi 3.430-3,480
Note: Ex works prices including 17% VAT. US$1=RMB 6.3005
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