Local Chinese chrome ore and ferrochrome prices - week 21

Friday, 28 May 2021 16:08:35 (GMT+3)   |   Istanbul
       

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$334.4/mt

+ $2.3/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$204.4/mt

+ $5.2/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 8,305/mt

($1,301/mt)

+ RMB 55/mt
(+ $18/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 6.3858

Source: Steelhome


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