Weekly chrome ore and ferrochrome prices - Week 7

Friday, 17 February 2017 15:10:50 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Weekly price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$536/mt

-$6/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$444/mt

-$7/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 9,600/mt

($1,397/mt)

-

(+$2/mt)

Ex-works

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

The local Chinese market price includes 17 percent VAT.

$1 = RMB 6.87

Source: SteelHome


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