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First SHCH RMB iron ore swap deal done after market-making launch

Source: Mysteel Jul 06, 2026 16:38
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Imported Iron Ore
Since its optimized launch on 25 November 2025, the Shanghai Clearing House (SHCH) RMB Iron Ore Swap (CIS) (hereinafter referred to as the "CIS Contract") has operated smoothly for more than half a year, with steadily improving market activity. In early June 2026, SHCH officially introduced a market-maker mechanism

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