Local Chinese chrome ore and ferrochrome prices - week 27

Friday, 09 July 2021 16:35:16 (GMT+3)   |   Istanbul
       

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$366.5/mt

+ $14.5/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$219.9/mt

+ $14.5/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 8,400/mt

($1,297/mt)

+ RMB 200/mt
(+ $60/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 6.4755

Source: Steelhome


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