Weekly chrome ore and ferrochrome prices - week 30

Friday, 26 July 2019 14:55:36 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$282.82/mt

+$6.83/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$206.94/mt

+$17.24/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,550/mt

($952/mt)

+ RMB 250 /mt

(+$36/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 6.88

Source: SteelHome


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