Weekly chrome ore and ferrochrome prices - week 33

Friday, 17 August 2018 18:01:29 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$318.70/mt

- $8.9/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$226.60/mt

- $15.2/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,950/mt

($1,017/mt)

- RMB 150/mt

(-$20)

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 6.87 

Source: SteelHome


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