Dear all,

According to market situation, COREX will release portside iron ore 61% Fe benchmark price (CNY/DMT) and two equivalent prices, including seaborne equivalent price (USD/DMT) and portside equivalent price (CNY/WMT) on October 8, 2021 (Friday). Meanwhile, seaborne 58% Fe benchmark price, portside 58% Fe and 65% Fe benchmark price based on Qingdao Port will be canceled.

Measures for the Calculation of Benchmark Price on Iron Ore Spot Trading of Beijing Iron Ore Trading Center will be revised and take effect simultaneously.

Hereby Informed.

Beijing Iron Ore Trading Center Corporation

September 17, 2021

Measures for the Calculation of Benchmark Price on Iron Ore Spot Trading of Beijing Iron Ore Trading Center (2021.10).pdf