Steel Pig Iron prices in China markets show resistance as mills have reduced their production capacity further.
Offers in some of the cities are:
Tangshan 3,150-3,200
Nanchang 3,450-3,500
Benxi 3,430-3,480
Ex works prices in RMB/t including 17% VAT on cah payment basis.
US$ 1=RMB 6.3016
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