Weekly chrome ore and ferrochrome prices - week 24

Friday, 16 June 2017 14:58:16 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Weekly price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$404/mt

-$1/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$231/mt

-

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,800/mt

($998/mt)

+RMB 400/mt

(+$57/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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