Local Chinese chrome ore and ferrochrome prices - week 44, 2024 

Friday, 01 November 2024 16:17:16 (GMT+3)   |   Istanbul

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$454/mt

-

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$377/mt

-$7/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 8,910/mt 
($1,253/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 7.1135

Source: Steelhome

ElifKefeli
Elif Kefeli
Editor
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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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