129770904201562500_229As two of the world's most closely watched one of the major iron ore trading platform, China spot trading platform developed on March 29 simulation run
tera gold, May 8, officially launched the real deal. Xu xuchang on March 23, President of China Minmetals chemicals import and export Chamber of Commerce held in Chongqing "2012 International Conference on metallurgical mineral" disclosed the information. Beijing international miningExchanges of ownership was revealed, China spot trading platform will give full play to the role of market price found to form iron ore pricing system, with credibility, reducing human malicious speculation caused by large swings in the price of iron ore, promote the formation of fair, just and reasonable and transparent international mineral commodities pricing mechanism, promote the development of healthy
tera gold, orderly, and stability of iron ore market。 At present, Baosteel, ansteel, WISCO, Shougang, and Hebei iron and steel enterprises in China Minmetals Corporation, China International steel group, metal, building materials, such as iron ore, CITIC trading companies have agreed to act as member of Chinese iron ore trading platform. Vice President and Secretary General of the China iron and steel Association revealed Zhang Changfu
tera power leveling, Rio Tinto, BHP Billiton and Vale threeHouse the world's largest iron ore production companies also are expected to join in the near future the Chinese spot trading platform.
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