Source of offer |
Destination |
Product |
Price |
Price change |
Sales term |
Turkey |
Cr2O3 42% chrome ore lump |
$390/mt |
- $19/mt |
VAT (FOT) |
|
S. Africa |
Cr2O3 42% chrome ore concentrate |
$285/mt |
- $3/mt |
VAT (FOT) |
|
Local Chinese market |
FeCr55C 1000 ferrochrome (Sichuan) |
RMB 7,700/mt ($1,185/mt) |
+ RMB 550/mt (-$5/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 6.50
Source: SteelHome