Weekly chrome ore and ferrochrome prices - week 21

Friday, 27 May 2016 17:43:02 (GMT+3)   |   Shanghai
 

Source of offer

Destination

Product

Price

Weekly price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$285/mt

-$2/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$195/mt

-$2/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 5,900/mt ($899/mt)

+ RMB2,000/mt ($305/mt)

Ex-works

The local Chinese market price includes 17 percent VAT.

$1 = RMB 6.56

Source: SteelHome

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