Local Chinese chrome ore and ferrochrome prices - week 4  

Friday, 29 January 2021 11:34:01 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$322.7/mt

+ $14.2/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$249.3/mt

+$29/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 9,570/mt

($1,479/mt)

+ RMB 440/mt

(+$66/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 6.4709

Source: Steelhome

 


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