Weekly chrome ore and ferrochrome prices - week 41

Friday, 13 October 2017 14:56:42 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

(29.9.2017)

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$568/mt

-$1/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$321/mt

+$3/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 8,500/mt

($1,290/mt)

-

(+$13/mt)

Ex-works

 

The local Chinese market price includes 17 percent VAT.

Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.

$1 = RMB 6.59

Source: SteelHome


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