Local Chinese chrome ore and ferrochrome prices - week 45, 2023  

Friday, 10 November 2023 14:22:07 (GMT+3)   |   Istanbul
       

Source  

Destination  

Product  

Price  

Price change  

Sales term  

Turkey  

China  

Cr2O3 42% chrome ore lump  

$456/mt

 

- $13/mt

VAT (FOT)  

S. Africa  

China  

Cr2O3 42% chrome ore concentrate  

$390/mt

 

-

VAT (FOT)  

China  

Local Chinese market  

FeCr55C 1000 ferrochrome (Sichuan)  

RMB 9,350/mt

($1,303/mt)

-
( + $1mt)

Ex-works  

The local Chinese market price includes 13 percent VAT.  

Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.  

$1 = RMB 7.1771   

Source: Steelhome  

 


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