Local Chinese chrome ore and ferrochrome prices - week 33, 2023

Friday, 18 August 2023 14:38:44 (GMT+3)   |   Istanbul
       

Source  

Destination  

Product  

Price  

Price change  

Sales term  

Turkey  

China  

Cr2O3 42% chrome ore lump  

$448/mt  

+ $17/mt  

VAT (FOT)  

S. Africa  

China  

Cr2O3 42% chrome ore concentrate  

$399/mt  

+$5/mt 

VAT (FOT)  

China  

Local Chinese market  

FeCr55C 1000 ferrochrome (Sichuan)  

RMB 9,900/mt  

($1,375/mt)  

+ RMB 165/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 7.2006   

Source: Steelhome  


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