Weekly chrome ore and ferrochrome prices - week 42

Friday, 20 October 2017 17:27:53 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$564/mt

-$4/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$282/mt

-$39/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 8,000/mt

($1,208/mt)

-RMB 500/mt

(-$82/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 6.62

Source: SteelHome


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