Weekly chrome ore and ferrochrome prices - week 34

Friday, 23 August 2019 12:11:26 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$280.75/mt

- $2.79/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$207.22/mt

+ $4.69/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,450/mt

($908/mt)

-

(-$9/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 7.10

Source: SteelHome


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