Local Chinese chrome ore and ferrochrome prices - week 10, 2024

Friday, 08 March 2024 14:38:32 (GMT+3)   |   Istanbul

Source    

Destination    

Product    

Price    

Price change

Sales term    

Turkey    

China    

Cr2O3 42% chrome ore lump    

$475/mt 

+ $1/mt

VAT (FOT) 

S. Africa    

China    

Cr2O3 42% chrome ore concentrate    

$395/mt 

+ $4/mt

VAT (FOT) 

China    

Local Chinese market    

FeCr55C 1000 ferrochrome (Sichuan) 

RMB 9,570/mt 
($1,348/mt) 

-
+ $1/mt 

Ex-works 

The local Chinese market price includes 13 percent VAT. 

Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.    

$1 = RMB 7.0978 

Source: Steelhome 


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