Chromite Price & Market Intelligence
Assessment last updated 2025-11 ยท reassessed against supplier offers and lane data
Reference FOB, CIF and delivered market prices for Chromite imported into the GCC. Grade-level specifications, HS codes, producing origins and typical packaging โ sourced from Tradloc's verified market database.
| Grade | FOB USD/MT | HS code | 12-month change | Assessed |
|---|---|---|---|---|
| Metallurgical (46% Cr2O3) | $240โ420 | 261000 | -0.3% | 2025-11 |
Metallurgical (46% Cr2O3)
- Purity / Spec:
- Cr2O3 โฅ46%, Cr:Fe 1.6
- Form:
- Lump / concentrate
- Packaging:
- Bulk
- MOQ:
- 5000 MT
- Producing countries:
- South Africa, Turkey, Pakistan, Iran
- Applications:
- Ferrochrome smelting, Stainless steel
- Also known as:
- chrome ore
- Category:
- Mineral
- Common applications:
- Ferrochrome smelting, Stainless steel
Chromite currently trades in a reference FOB band of USD 240โ420 per metric tonne, a spread of roughly 43% between the lowest and highest quoted origins. The width of that band is driven mainly by grade (Metallurgical (46% Cr2O3)), loading origin, packaging format and order size. On a CIF basis into GCC ports, ocean freight, bunker surcharges and destination terminal handling typically add a further layer on top of FOB, and duty plus VAT are applied at the port of entry. Tradloc refreshes these reference ranges from supplier offers and lane data, so use them as a negotiation baseline rather than a settled contract price.
Commercial cargoes of Chromite reaching the GCC are sourced primarily from South Africa, Turkey, Pakistan, Iran. Saudi Arabia and the UAE take the bulk of GCC volumes for cement, glass, ceramics and drilling applications, with Oman and Iraq importing for industrial and oilfield use. Origin choice materially changes delivered cost: shorter lanes from India, Iran and the wider Middle East usually land cheaper on freight but can carry tighter grade availability, while Far East and European origins often offer wider specification choice at higher freight and longer transit.
Chromite is normally classified under HS 261000. GCC members apply the Unified Customs Tariff, so the same heading generally applies across UAE, Saudi Arabia, Oman, Qatar, Kuwait and Bahrain, with Iraq operating its own tariff schedule. Confirm the final code with your customs broker against the exact specification, purity and packaging on the commercial invoice, because a change of grade can shift the subheading and the duty rate that applies.
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