Local Chinese chrome ore and ferrochrome prices - week 46, 2023

Friday, 17 November 2023 13:56:25 (GMT+3)   |   Istanbul

Source  

Destination  

Product  

Price  

Price change  

Sales term  

Turkey  

China  

Cr2O3 42% chrome ore lump  

$457/mt

 

+ $1/mt

VAT (FOT)  

S. Africa  

China  

Cr2O3 42% chrome ore concentrate  

$360/mt

 

- $30/mt

VAT (FOT)  

China  

Local Chinese market  

FeCr55C 1000 ferrochrome (Sichuan)  

RMB 9,350/mt

($1,303/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 7.1728   

Source: Steelhome

DamlaTükenmez
Damla Tükenmez
Editor
All Articles by the Author

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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