Weekly chrome ore and ferrochrome prices - week 46

Friday, 16 November 2018 18:13:46 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$322.5/mt

-

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$231.3/mt

- $7.1/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 7,000/mt

($1,007/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 6.95

Source: SteelHome


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