http://ironinvestingnews.com Objective News on Iron ore mining, exploration, and iron industry investing Fri, 18 May 2012 22:30:47 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://ironinvestingnews.com/90-say-goodbye-to-the-benchmark-system.html http://ironinvestingnews.com/90-say-goodbye-to-the-benchmark-system.html#comments Tue, 26 Aug 2008 14:34:41 +0000 Melissa Pistilli http://www.ironinvestingnews.com/?p=90 By Melissa Pistilli – Exclusive to Silver Investing News Traditionally, the price of iron ore has been calculated using a global benchmarking system that typically involved one of the three major producers of seaborne iron ore-Vale, Rio Tinto, BHP Billiton-negotiating annual prices.  This system often takes months to reach a final resolution. This year, however, [...]

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