Local Chinese chrome ore and ferrochrome prices - week 23, 2024

Friday, 07 June 2024 14:59:33 (GMT+3)   |   Istanbul

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$501/mt

+ $14/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$427/mt

+ $10/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 9,845/mt 
($1,385/mt)

+ RMB 55/mt

(+$14/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 7.1106

Source: Steelhome


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