Source of offer |
Destination |
Product |
Price |
Price change |
Sales term |
Turkey |
Cr2O3 42% chrome ore lump |
$468/mt |
-37$/mt |
VAT (FOT) |
|
S. Africa |
Cr2O3 42% chrome ore concentrate |
$275/mt |
+8$/mt |
VAT (FOT) |
|
Local Chinese market |
FeCr55C 1000 ferrochrome (Sichuan) |
RMB 7,900/mt ($1,195/mt) |
+ RMB 600/mt (+$91/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 6.61
Source: SteelHome