More than 400 million tons of iron ore is available for delivery

As another blockbuster variety in the domestic futures market, the iron ore futures traded on the date comes closer,api 5l grb welded steel pipe and tube various trading and settlement systems have also been perfect."First financial daily" reporter yesterday from the dalian Commodity Exchange (hereinafter referred to as the "exchange"), according to the iron ore futures market mainstream ore into the delivery system, price representative is strong, large range of products available for delivery, more than 400 million tons of iron ore is available for delivery. Iron ore of standard of all indicators set an upper limit, ensure that the buyer received the quality of the goods to be controlled.

In addition, the iron ore delivery set in bohai sea area of lianyungang, rizhao, Qingdao, tianjin, jingtang, six big port,astm a53/a106 gr.b carbon steel tube Sch 20 LSAW steel pipe caofeidian in tangshan inland at the same time, rizhao and lianyungang port Settings library. Based on the six port price gap between each other, each delivery point is not set up discount.

And listed on the United States and Singapore have iron ore futures contracts, dalian iron ore futures shall practise a system of physical delivery and delivery of bill of lading is noteworthy,long radius butt weld pipe elbow the iron ore is a physical delivery system, mode of delivery for the warehouse receipt delivery (warehouse and factory), bill of lading delivery in parallel.

Delivery of bill of lading in the universal attention of the market system, dalian iron ore contract designers said, for the buyer, the bill of lading delivery way can pick up the goods, in the hope of receiving so as to greatly reduce logistics cost. For the seller,Longitudinal Welded pipe and tube relative to the traditional warehouse receipt delivery, due to apply for delivery, can get the payment in advance, thereby saving the financial cost.

It is understood that China's iron ore production mainly concentrated in north China, northeast, southwest of the three regions, including north China ore output of 705 million tons, 2012 account for 53.8% of the total national output. Hebei, liaoning, sichuan, shanxi and Inner Mongolia is China's top five iron ore production provinces, five provinces in 2012 accounted for 76.6% of the country's total output.