Local Chinese chrome ore and ferrochrome prices - week 35, 2024 

Friday, 30 August 2024 12:04:26 (GMT+3)   |   Istanbul

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$500/mt

+$1/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$410/mt

-$2/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 9,460/mt 
($1,330/mt)

- RMB 65/mt

(-$3/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 7.1127

Source: Steelhome

ElifKefeli
Elif Kefeli
Editor
All Articles by the Author

I graduated from Yeditepe University’s Department of Translation and Interpreting Studies in 2017. I joined SteelOrbis in 2021, where I currently work as a content specialist. I am writing news reports and industry-related content with a special focus on decarbonization, green steel, sustainability, and recycling.

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