Local Chinese chrome ore and ferrochrome prices - week 12

Friday, 20 March 2020 12:19:48 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$277/mt

-$4.2/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$180.3/mt

-$6.1/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,545/mt

($921.2/mt)

-

(-$13.8/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 7.1052

Source: SteelHome


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