Source of offer |
Destination |
Product |
Price |
Weekly price change |
Sales term |
Turkey |
China |
Cr2O3 42% chrome ore lump |
$516/mt |
- |
VAT (FOT) |
S. Africa |
China |
Cr2O3 42% chrome ore concentrate |
$295/mt |
+$30/mt |
VAT (FOT) |
China |
Local Chinese market |
FeCr55C 1000 ferrochrome (Sichuan) |
RMB 8,800/mt ($1,321/mt) |
+RMB 600/mt (+$92/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 6.66
Source: SteelHome