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CISA ready to launch iron ore price index

By Zhang Qi | China Daily | Updated: 2011-08-03 08:32

CISA ready to launch iron ore price index

Coils of wire at a steel market in Shenyang, Liaoning province. Zhang Changfu, vice-chairman of China Iron & Steel Association, said as the world's largest iron ore consumer, the country needs a more transparent and fair price index. Sheng Li / Reuters

Gauge will more accurately reflect domestic market, add global clout

CISA ready to launch iron ore price index

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