Local Chinese chrome ore and ferrochrome prices - week 20, 2024 

Friday, 17 May 2024 19:18:26 (GMT+3)   |   Istanbul
       

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$481/mt

+ $6/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$407/mt

+ $3/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 9,735/mt 
($1,370/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 7.1045

Source: Steelhome 


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