Local Chinese chrome ore and ferrochrome prices - week 28, 2023

Friday, 14 July 2023 12:29:43 (GMT+3)   |   Istanbul
       

Source

Destination

Product

Price

Price change
(07.07.2023)

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$433/mt

- $8/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$389/mt

+ $4/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 9,460/mt

($1,326/mt)

-
(+ $13/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 7.1318 

Source: Steelhome


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