Local Chinese chrome ore and ferrochrome prices - week 17

Friday, 28 April 2023 14:08:10 (GMT+3)   |   Istanbul
       

Source

Destination

Product

Price

Price change
(14.04.2023)

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$432/mt

- $11/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$377/mt

- $3/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 10,175/mt

($1,470/mt)

+ RMB 715/mt
(+$91/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 6.924

Source: Steelhome


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