Local Chinese chrome ore and ferrochrome prices - week 10

Friday, 12 March 2021 17:56:20 (GMT+3)   |   Istanbul
       

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$344/mt

+$7.6/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$248,8/mt

-$7.1/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

$9,900 RMB/mt

($1,527/mt)

-
(+$2/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 6.4845

Source: Steelhome

 


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