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