Local Chinese chrome ore and ferrochrome prices - week 20

Friday, 21 May 2021 14:28:40 (GMT+3)   |   Istanbul
       

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$332.1/mt

+$1.9/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$199.2/mt

+$4.7/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 8,250/mt

($1,283/mt)

+ RMB 55/mt
(+$13/mt)

Ex-works

The local Chinese market price includes 13 percent VAT. 

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

$1 = RMB 6.43

Source: Steelhome


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