Weekly chrome ore and ferrochrome prices - week 21

Friday, 24 May 2019 17:36:09 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$309,52/mt

+ $0.45/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$206.34/mt

- $3.41/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,850/mt

($993/mt)

-RMB 50/mt

(-$6/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 6.90

Source: SteelHome


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