Weekly chrome ore and ferrochrome prices - week 42

Friday, 21 October 2016 14:14:59 (GMT+3)   |   Shanghai
 

Source of offer

Destination

Product

Price

Weekly price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$472.5/mt

+$92.5/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$407/mt

+$93/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 9,200/mt ($1,361/mt)

+RMB 1,000/mt ($148/mt)

Ex-works

The local Chinese market price includes 17 percent VAT.

$1 = RMB 6.76

Source: SteelHome

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