Local Chinese chrome ore and ferrochrome prices - week 7

Friday, 14 February 2020 10:54:59 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$286/mt

-

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$191/mt

+$1/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 7,040/mt

($1,009/mt)

+ RMB 275/mt

(+$37.6/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 6.98

Source: SteelHome


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