It is announced that COREX revises Measures for the Generation of Benchmark Prices on Iron Ore Spot Trading of Beijing Iron Ore Trading Center according to current market situation.
The revision will officially take effect from 1st December, 2016.
Main revision is as below:
1. Delete benchmark price of standard fines Fe63.5%;
2. Add benchmark price of standard fines Fe65%.
Beijing Iron Ore Trading Center Corporation
November 16th, 2016
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