It is reported that pig iron market in China on March 14th remained high level and stable, there was a pig iron short supply in most areas and spot goods of steel mills attracted many downstream users.

Pig iron conversion price in Tangshan of Heibei province was CNY 4150 to CNY 4200 per tonne, CNY 4200 to 4250 per tonne in Wuhan city. Foundry pig iron price was CNY 5000 to 5030 per tonne and CNY 4980 to 5000 per tonne for ductile cast iron, CNY 4200 to 4300 per tonne for that in Yicheng county of Shanxi province, foundry pig iron and ductile cast iron price was generally CNY 4950 per tonne. Pig iron conversion price in Shandong province was CNY 4300 to 4400 per tonne and CNY 5000 to 5050 per tonne for foundry pig iron.

Foundry pig iron price in Northeast of China Harbin was CNY 4600 to 4630 per tonne and CNY 4400 to 4430 per tonne for pig iron conversion price. Ductile cast iron price and pig iron conversion price in Fushan city was generally CNY 5000 to 5050 per tonne.

Pig iron conversion price in Dalian was CNY 4050 to 4080 per tonne, CNY 4320 to 4350 per tonne for foundry pig iron, and ductile cast iron price was CNY 4620 to 4650 per tonne. Pig iron conversion price in Anshan was CNY 4080 to 4100 per tonne, but in later market price might rise.