Weekly chrome ore and ferrochrome prices - week 14

Friday, 05 April 2019 12:06:57 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$348.16/mt

- $0.36/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$250.24/mt

-$0.26/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 7,250/mt

($1,079/mt)

- RMB 100/mt

(- $16/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 6.72

Source: SteelHome


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