Weekly chrome ore and ferrochrome prices - week 22

Friday, 02 June 2017 16:53:31 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Weekly price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$403/mt

+$1/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$303/mt

+$2/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,900/mt

($1,013/mt)

-RMB 300/mt

(-$36/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 6.81
 
Source: SteelHome


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