Local Chinese chrome ore and ferrochrome prices - week 38

Friday, 24 September 2021 15:15:48 (GMT+3)   |   Istanbul
       

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$441/mt

+ $13/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$220/mt

+ $6/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 11,440/mt
($1,771/mt)

+ RMB 1.240/mt
(+$190/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 6.4599

Source: Steelhome


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