Local Chinese chrome ore and ferrochrome prices - week 7 

Friday, 19 February 2021 17:44:18 (GMT+3)   |   Istanbul
       

$

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$323.1/mt

+$0.4/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$249.7/mt

+$0.4/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

$9,860 RMB/mt

($1,497/mt)

+ RMB 290/mt
(+$18/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 6.4624

Source: Steelhome


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