Steelmaking pig iron price up $23/t in Xuzhou on halts

Mysteel's L8-10 steelmaking pig iron price in Xuzhou, East China's Shandong province, increased by Yuan 150/tonne ($22.7/t) from April 9 to Yuan 3,000/t EXW and including the 16% VAT amid supply reduction with the suspension iron and steel mills in the area for most of the second quarter, market sources shared.

Mysteel’sL8-10 steelmaking pig iron price in Xuzhou, East China’s Shandong province, increased by Yuan 150/tonne ($22.7/t)fromApril 9 to Yuan 3,000/tEXW and including the 16% VAT amid supply reduction with the suspension iron and steel mills in the area for most of the second quarter, market sources shared.“All the steelmaking