Local Chinese chrome ore and ferrochrome prices - week 30, 2024 

Friday, 26 July 2024 16:35:28 (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

$413/mt

- $3/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 9,625/mt 
($1,350/mt)

- RMB 110/mt

(-$15/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 7.127

Source: Steelhome 

BoraKadıoğlu
Bora Kadıoğlu
Editor
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I graduated from Boğaziçi University with a degree in Translation and Interpreting Studies. I have been working in the iron and steel sector for three years as a content specialist at SteelOrbis, mainly focusing on plant investments, steelmaking technology, and import/export statistics.

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