China's first international iron ore trading center was established yesterday

Plan the future turnover of more than 200 billion yuan a year, the current spot trading as the main international iron ore negotiations, foreign pricing methods appear, the first international iron ore trading center was established in Shandong Sunshine yesterday, and will be put into operation in August.　　It is reported that Rizhao International iron ore Trading Center Limited by the government approved, entrepreneurial operation, by the Shandong Huaxin Industry and Trade Co., Ltd., Rizhao Zhongrui Products Co., Ltd., Shandong Wanbao Group Co., Ltd, Rizhao United Ore E-commerce Co., Ltd. and Shandong Long Ding Electronic Commerce company Limited invested 20 million yuan to form. At present, Rizhao Port is China's largest iron ore import port, imports over 76 million tons last year, imports in the first four months more than 30 million tons, ranked first in the country. Iron ore Trading Center rotating chairman of Shandong Wanbao Group President Xin Weihua said, Rizhao also has a bonded logistics policy advantages, Rizhao bonded Logistics Center (b) has been approved to set up, you can enjoy the special policy of bonded logistics, and the annual output of tens of millions of tons of Shandong fine Steel Project has settled in Rizhao, will greatly improve the impact of sunshine in the steel industry.　　At the same time, the largest three iron ore traders in Rizhao, China, Rui, Wanbao the annual iron ore imports accounted for 12% of the total number of imports of trade, ranked the top ten in the country.　　Rizhao Mayor Zhao to the reporter disclosed that the city government will be in tax and other preferential policies to iron ore trading center to support, Rizhao will also be in the commodities to build e-commerce market capital. Iron ore trading Center General manager Wang Lei said, after the official operation Center this year's turnover will exceed 100 billion yuan, the future will surpass 200 billion yuan each year. Trading each hand for 10 tons, the minimum transaction volume should not be less than 100 tons, the current mainly to spot transactions, COSCO transactions are not carried out for the time being.　　The aim of the center is to build the world class iron ore electronic trading market, to build the sunshine index of iron ore trading, and to become the wind vane of the world iron ore trading price.　　The general manager of Shandong Huaxin told reporters that the center and the three iron ore companies do not have any negotiation and contact, and will not and any overseas mining companies to "move the library", that is, the overseas iron ore directly to the port to store sales. Xin Weihua revealed that the center next to the development of trading clients, the current development of trade Center members of the details are still in preparation. The center will reduce the intermediate circulation link, is advantageous to reduce the steel mill cost. It is reported that the center also with major domestic ports to establish cooperative relations, the establishment of iron ore trading warehousing and delivery.