Weekly chrome ore and ferrochrome prices - week 26

Monday, 03 July 2017 14:20:49 (GMT+3)   |   Istanbul

Source of offer

Destination

Product

Price

Weekly price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$406/mt

+$4/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$261/mt

+$31/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 7,400/mt

($1,090/mt)

+RMB 500/mt

(+$81/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 6.79

Source: SteelHome

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