Weekly chrome ore and ferrochrome prices - week 27

Friday, 06 July 2018 15:13:18 (GMT+3)   |   Istanbul

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$381.5/mt

- $0.5/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$264/mt

- $1/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 7,950/mt

($1,197/mt)

+ RMB 100/mt

(+$13/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 6.64

Source: SteelHome

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