Dear Members,
It is announced that two indexes for floating price in Delivering A and Bonded Zone B will be removedin COREX system from January 2nd, 2018according to real market situationwhich are listed as below:
1.The Steel Index (TSI): 62% Fe Fines,62%(2% Al) Fe Fines, 58%Fe Fines.
2.TA Index, i.e. [(TSI – 0.3)+ Argus Index] / 2: 62% Fe Fines.
Beijing Iron Ore Trading Center Corporation
December 28th, 2017