Local Chinese chrome ore and ferrochrome prices - week 47, 2023

Friday, 24 November 2023 13:50:15 (GMT+3)   |   Istanbul
       

Source   

Destination   

Product   

Price   

Price change   

Sales term   

Turkey   

China   

Cr2O3 42% chrome ore lump   

$460/mt 

  

+ $3/mt 

VAT (FOT)   

S. Africa   

China   

Cr2O3 42% chrome ore concentrate   

$394/mt 

  

+ $34/mt 

VAT (FOT)   

China   

Local Chinese market   

FeCr55C 1000 ferrochrome (Sichuan)   

RMB 9,350/mt 

($1,314/mt) 

-
(+$11/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 7.1151    

Source: Steelhome


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