China Steel Group Advocates Yuan-Pricing for Iron Ore

China's primary steel-industry group has called for increased adoption of yuan-denominated index pricing in the iron ore market, asserting that such a change would more accurately reflect supply and demand dynamics for the commodity.

6 Aug, 02:58 — 6 Aug, 02:58

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bloombergHigh26d ago

China Steel Group Says Push for Yuan-Pricing Would Help Iron Ore

China’s main steel-industry group called for greater use of yuan-denominated index pricing in the iron ore market, saying such a shift would better reflect supply and demand in the top user of the commodity.

By Katharine Gemmell

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China Steel Group Advocates Yuan-Pricing for Iron Ore

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China Steel Group Says Push for Yuan-Pricing Would Help Iron Ore

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