Weekly chrome ore and ferrochrome prices - week 22

Friday, 31 May 2019 17:36:45 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$302.20/mt

- $7.32/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$202.61/mt

- $3.73/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6.700/mt

($970/mt)

-RMB 150/mt

(-$23/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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