Local Chinese chrome ore and ferrochrome prices - week 21

Friday, 26 May 2023 13:23:47 (GMT+3)   |   Istanbul
       

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$450/mt

+ $12/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$403/mt

- $2/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 9,900/mt

($1,401/mt)

-
(-$6/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 7.067

Source: Steelhome


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