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Company Introduction

Beijing Iron Ore Trading Center Corporation (COREX) is established on 29 August 2014.  It is a joint venture company approved by Beijing Municipal Government and relevant regulatory authorities, and initiated by 13 shareholders, including China Iron and Steel Association, China Beijing Equity Exchange, Baoshan Iron & Steel, Angang Group, Shougang Group, Hebei Iron & Steel Group, China National Minerals, Sinochem International, CITIC Metal, Vale, BHP Billiton, Rio Tinto, and FMG.  As the operator of China Iron Ore Spot Trading Platform, the business scope of the company include providing spot trading services of mineral products including iron ore (excluding import and export business), market management services and business consulting services.   

Being the first joint venture exchange in corporation form, COREX is devoted to build an independent, open and fair integrated international iron ore trading service platform, and promote the establishment of a fair and transparent iron ore pricing mechanism. 

 

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