04
Apr
11:39
India eyes iron ore trade transparency
An Indian government-backed panel has proposed to establish an iron ore exchange to enhance transparency in iron ore selling prices across states.
The exchange will record real-time iron ore transactions and deliveries, automatically publishing monthly average selling prices for each state and grade based on sales data.
Additionally, it will tackle the problem of wide price disparity, potentially curbing miners’ ability to manipulate prices to lower royalty…
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Anonymous
Very good overview of the weekly steel market.
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