Local Chinese chrome ore and ferrochrome prices - week 50, 2023   

Friday, 15 December 2023 12:28:26 (GMT+3)   |   Istanbul
       

Source   

Destination   

Product   

Price   

Price change   

Sales term   

Turkey   

China   

Cr2O3 42% chrome ore lump   

$462/mt 

  
+ $2/mt 

VAT (FOT)   

S. Africa   

China   

Cr2O3 42% chrome ore concentrate   

$395/mt 

  
+ $1/mt 

VAT (FOT)   

China   

Local Chinese market   

FeCr55C 1000 ferrochrome (Sichuan)   

RMB 9,515 /mt 
($1,341/mt) 

+ RMB 165/mt
(+$26/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 7.0957    

Source: Steelhome   


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