Weekly chrome ore and ferrochrome prices - week 20

Friday, 17 May 2019 17:19:34 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$309,07/mt

- $25.44/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$209.48/mt

- $20.50/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,900/mt

($999/mt)

-RMB 50/mt

(-$22/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 6.91

 

Source: SteelHome


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