Local Chinese chrome ore and ferrochrome prices - week 49

Friday, 10 December 2021 14:27:48 (GMT+3)   |   Istanbul

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$447/mt

-

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$238/mt

+$7/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 10,120/mt
($1,588/mt)

-
(+$145/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 6.3702

Source: Steelhome


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