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China keen on iron ore price mechanism revamp

Global iron ore suppliers need to work with traders and steel mills in China to come up with a new way of pricing the commodity as price volatility over the past two years has impacted the Chinese steel sector’s development, an industry official urged on Tuesday.

China keen on iron ore price mechanism revamp China keen on iron ore price mechanism revamp China keen on iron ore price mechanism revamp China keen on iron ore price mechanism revamp China keen on iron ore price mechanism revamp

Beijing's Great Hall of the People is home to the National People's Congress

A sharp run-up in the iron ore price in China - the world's biggest consumer and importer of the key steelmaking ingredient - at the end of last year and again in May "were not beneficial for the