News and Announcement

News and announcements

Announcement on Adjusting Price Calculation Formula for Floating-Price Trading

Release Time: 2024-12-24
Source: COREX

Dear Members,

According to the member’s requirement, COREX will adjust floating price-fines calculation formula from December 25, 2024 (Wednesday), as listed below:

1. Adjust Floating Price-Fines Formula 5.

Please refer to Measures for the Implementation of Iron Ore Floating-Priced Trading in Beijing Iron Ore Trading Center for details which will be revised and effective simultaneously.

Hereby Informed.

 

Beijing Iron Ore Trading Center Corporation

December 24, 2024