Weekly chrome ore and ferrochrome prices - week 28

Friday, 14 July 2017 14:27:17 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Weekly price change (03.07.2017)

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$406/mt

-

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$261/mt

-

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 7,100/mt

($1,047/mt)

-RMB 300/mt

(-$43/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 6.78

Source: SteelHome


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