Local Chinese chrome ore and ferrochrome prices - week 35, 2023  

Friday, 01 September 2023 11:48:09 (GMT+3)   |   Istanbul
       

Source  

Destination  

Product  

Price  

Price change  

Sales term  

Turkey  

China  

Cr2O3 42% chrome ore lump  

$463/mt  

+ $15/mt  

VAT (FOT)  

S. Africa  

China  

Cr2O3 42% chrome ore concentrate  

$417/mt  

+$18/mt 

VAT (FOT)  

China  

Local Chinese market  

FeCr55C 1000 ferrochrome (Sichuan)  

RMB 10,010/mt  

($1,394/mt)  

+ RMB 110/mt
(+$19/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 7.1788    

Source: Steelhome  


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