Weekly chrome ore and ferrochrome prices - week 9

Friday, 01 March 2019 16:46:15 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$344.4/mt

+$0.02mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$234.51/mt

+$0.7/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,900/mt

($1,030/mt)

+RMB 50 

(+$11/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 6.70

Source: SteelHome


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