Weekly chrome ore and ferrochrome prices - week 10

Friday, 10 March 2017 16:25:43 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Weekly price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$575/mt

+$12/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$476/mt

+$13/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 10,200/mt

($1,476/mt)

+RMB 400/mt

(+$54/mt)

Ex-works

 
 
The local Chinese market price includes 17 percent VAT.

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

$1 = RMB 6.91

Source: SteelHome
 


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