Weekly chrome ore and ferrochrome prices - week 8

Friday, 22 February 2019 17:57:15 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$344.38/mt

+$3.08/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$233.8/mt

+$2/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,850/mt

($1,019/mt)

+RMB 50 

(+$16/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 6.72

Source: SteelHome


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