Weekly chrome ore and ferrochrome prices - week 10

Friday, 09 March 2018 17:27:24 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$512/mt

+$1/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$334/mt

+$1/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 8,200/mt

($1,293/mt)

-

(+$2/mt)

Ex-works

 

The local Chinese market price includes 17 percent VAT.

Exchange rate fluctuations are taken into consideration when calculating the weekly price changes. 

$1 = RMB 6.34 

Source: SteelHome


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