Ore, metals, en­ergy ex­changes al­lowed in FTZ

China Daily (Canada) - - BUSINESS -

Shang­hai will al­low ex­changes for iron ore, metals and en­ergy in its free trade zone as China pushes for more in­flu­ence in raw­ma­te­rial pric­ing. Baos­teel Group Corp and Shang­hai Gan­glian E-Com­merceHold­ings Co, owner of China’s largest steel re­searcherMys­teel.com, are among eight com­pa­nies with ap­proval to set up ex­changes in the China (Shang­hai) Pi­lot Free Trade Zone, Shang­hai Gan­glian board sec­re­tary Hu Xiaochun said in a phone in­ter­view.

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