Local Chinese chrome ore and ferrochrome prices - week 9

Friday, 04 March 2022 15:30:48 (GMT+3)   |   Istanbul
       

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$445/mt

- $34/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$225/mt

- $45/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 11,440/mt
($1,808/mt)

+ RMB 1,870/mt
($298/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 6.3288

Source: Steelhome


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