Local Chinese chrome ore and ferrochrome prices - week 41, 2023

Friday, 13 October 2023 12:06:35 (GMT+3)   |   Istanbul

Source  

Destination  

Product  

Price  

Price change  

Sales term  

Turkey  

China  

Cr2O3 42% chrome ore lump  

$476/mt

-

VAT (FOT)  

S. Africa  

China  

Cr2O3 42% chrome ore concentrate  

$407/mt

 

-$6/mt

VAT (FOT)  

China  

Local Chinese market  

FeCr55C 1000 ferrochrome (Sichuan)  

RMB 9,790/mt

($1,363/mt)

- RMB 110 /mt
( - $16/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 7.1775   

Source: Steelhome  

Tags: China Far East 
DamlaTükenmez
Damla Tükenmez
Editor
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I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.

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