Weekly chrome ore and ferrochrome prices - week 41

Friday, 12 October 2018 17:15:44 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$323.8/mt

+ $12.7/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$235.8/mt

+ $2.5/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 7,050/mt

($1,019/mt)

-

(- $6/mt)

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 6.92

Source: SteelHome


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