Tag Archive | "creditsuisse"

Say Goodbye to the Benchmark System

Tuesday, August 26, 2008

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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