Wang Fenghai, the general manager of Dalian Commodity Exchange (DCE) stated on September 20 at the Dalian International Steel and Raw Material Conference that DCE will enrich its futures products, advance the introduction of steel scrap, improve the contract rules of iron ore futures to promote the sustained development of the market.
Mr Wang indicated that there are 86 overseas clients have opened accounts in iron ore futures market, in which 56 have engaged in iron ore futures trading.