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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.

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.

Geopolitics Bloomberg Aug 6, 2026

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