Weekly chrome ore and ferrochrome prices - week 12

Friday, 22 March 2019 15:04:37 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$349.04/mt

+ $0.52/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$250.87/mt

+$0.37/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 7,350/mt

($1,095/mt)

+RMB 100/mt  

(+$15/mt)

Ex-works

The local Chinese market price includes 16 percent VAT. 

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

$1 = RMB 6.71

Source: SteelHome


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