Pig Iron buying is decent in Chinese market on account of which offers are stable now. Prices might witness a change of plus or minus RMB 50/MT by this week.
Pig Iron availability is less in China due to low output and weak buying which is also dependent on the raw material availability.
In Tangshan, it is quoted at RMB 2,600-2,650/MT (Ex works prices inclusive of 17% VAT on cash payment).
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