Local Chinese chrome ore and ferrochrome prices - week 31, 2023

Friday, 04 August 2023 13:59:47 (GMT+3)   |   Istanbul
       

Source 

Destination 

Product 

Price 

Price change 

Sales term 

Turkey 

China 

Cr2O3 42% chrome ore lump 

$439/mt 

+ $7/mt 

VAT (FOT) 

S. Africa 

China 

Cr2O3 42% chrome ore concentrate 

$389/mt 

VAT (FOT) 

China 

Local Chinese market 

FeCr55C 1000 ferrochrome (Sichuan) 

RMB 9,570/mt 

($1,341/mt) 

+ RMB 110/mt
(+$15/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 7.138  

Source: Steelhome 


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