Dear Members,
According to the market demand, the Price Index of Floating-Price Trading will be adjusted as follows,
Add “Platts Iron Ore Price Index（Platts Index）58% Fe Fines (low AL)”,
and then the Platts Index will be amended:
Platts Iron Ore Price Index（Platts Index）: 65% Fe Fines, 63.5/63% Fe Fines, 62% Fe Fines, 58% Fe Fines, 58% Fe Fines (low AL) and 52% Fe Fines.
Add “Argus Index”: 65% Fe Fines, 63% Fe Fines, 62% Fe Fines and 58% Fe Fines.
The effective date of this Announcement is October 23, 2014.
Hereby Informed.
Beijing Iron Ore Trading Center Corporation
China Beijing International Mining Exchange
Oct 10, 2014
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