Iron ore investors to boost pricing push
By Zhang Xiaomin in Dalian, Liaoning | China Daily | Updated: 2018-05-08 07:50
Overseas companies are actively participating in trading China's iron ore futures, a move industry insiders said will help the nation establish a global trade pricing benchmark.
China's iron ore futures officially opened to foreign traders on Friday at the Dalian Commodity Exchange in Dalian, Liaoning province.
On Friday, 49 overseas customers - including Glencore PLC and Mokorui Energy Group, participated in the trading of DCE's iron ore futures.
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