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These aggressive actions are already reverberating through global commodity markets. Iron ore futures have surged over 20% in China, leading Jim Bianco, president of Bianco Research, to weigh in on X:
CME Group (CME) is set to launch Iron Ore Futures on Jan 10 to add to the existing ferrous suite of products.
Iron ore prices (daily) ... Steelhome's widespread contact base of steel producers and iron ore traders across China. [27] The futures contract has seen monthly ...
For each commodity they quote a range (low and high price) which reflect the buying and selling about 9-fold due to China's transition from light to heavy industry and its focus on manufacturing. [2] (China became the world's largest consumer of iron ore in 2003, [3] and accounts for over half of global metal consumption.) [4]
8] Commodity Futures form an advanced clearing function for the physical commodity clearing. Each Futures contract would generate a particular pattern of cash flow and cash commitment at a given price between the counterparties. In a Futures contract, payments are being made all along the life of the contract, whenever the Futures price changes.
MANILA (Reuters) - China's iron ore futures edged lower on Tuesday as demand eased in the wake of a move to restrict production in top steelmaking city of Tangshan, but losses were modest amid ...
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Argus launched coverage of the global iron ore market with daily report Argus Steel Feedstocks in February 2013. [17] Argus expanded its metals coverage further in 2015, after acquiring MetalPrices.com [ 18 ] - a specialist pricing, news and analysis service focusing on speciality metals, rare earths and ferro-alloys.
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