Local Chinese chrome ore and ferrochrome prices - week 53

Thursday, 31 December 2020 14:41:31 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$290.9/mt

+ $0.3/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$192.75/mt

+$0.25/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6.985/mt

($1.071/mt)

+ RMB 220/mt

(+$36/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 6.5249

Source: Steelhome


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