Weekly chrome ore and ferrochrome prices - week 31

Friday, 03 August 2018 13:51:48 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$340.40/mt

- $16.2/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$241/mt

- $1.5/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 7,300/mt

($1,064/mt)

- RMB 100/mt

(-$23mt)

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 6.86

Source: SteelHome


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