03.01.2014 - China launches daily iron ore price index
China has launched a daily iron ore price index from this year, the China Iron & Steel Association (CISA) said on Thursday, as Beijing wants to have a bigger say in pricing the steel-making raw material. The move is part of China's latest effort to shift pricing benchmarks for commodities from West to East as it has launched a series of futures contracts from iron ore to eggs...............................................Full Article: Source
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