Local Chinese chrome ore and ferrochrome prices - week 12, 2024 

Friday, 22 March 2024 15:31:33 (GMT+3)   |   Istanbul

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$475/mt

-

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$404/mt

+ $9/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 9,900/mt 
($1,394/mt)

+ RMB 330 /mt
(+ $46/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 7.1004

Source: Steelhome 

EuniceOuyang
Eunice Ouyang
Editor
All Articles by the Author

I graduated from University of Shanghai for Science and Technology, with 16 years of deep expertise in the steel industry. I am responsible for steel-related news and intelligence, as well as leading the content team in China.

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