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All members,

COREX electronic trading system will be upgraded on July 20, 2024 (Saturday), with main details as below:

1. Bid/Ask Price: For PB Fines, Mac Fines and Newman Fines offered in fixed price in Delivering A Board, 62% Equivalent price will be shown under relevant field once the offer price is entered on “Trading-Offer” page.

2. Price Calculator: “Price Calculator” function is added in “Trading” section. Current Premium/Discount will be automatically calculated by the system, after the swap price and Bid/Ask Price of relevant trading brands are entered.

Hereby informed.

Beijing Iron Ore Trading Center Corporation

July 18, 2024