Local Chinese chrome ore and ferrochrome prices - week 28, 2024 

Friday, 12 July 2024 17:17:59 (GMT+3)   |   Istanbul

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$499/mt

-

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$419/mt

- $7/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 9,845/mt 
($1,372/mt)

- RMB 55/mt

(-$9/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 7.1342

Source: Steelhome 

 


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