2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2012
January 16, 2012
January 16, 2012 The launch ceremony of “China Iron Ore Spot Trading Platform”, co-sponsored and established by China Iron and Steel Association, China Chamber of Commerce of Metals, Minerals & Chemicals Importers & Exporters and China Beijing International Mining Exchange, was grandly held.
May 8, 2012
Electronic trading system of the Platform went live, and the Platform was formally put into operation.
2013
March 2013
Benchmark Prices in USD and RMB for Grade 58%, Grade 61.5% and Grade 65% were formally released.
May 2013
At the first anniversary of the Platform, the transaction volume of the Platform exceeded 13 million tons in total.
August 15, 2013
The first floating-priced transaction on the Platform was completed, with price term of the monthly average price of the index at a premium and transaction volume of 180,000 tons.
2014
August 4, 2014
Benchmark Price of the Platform was adopted by Clearing House Financial Market Co., Ltd. (“Shanghai Clearing House”) as RMB-denominated iron ore swap settlement price.
2015
August 28, 2015
COREX and Zhanjiang Port Group signed a cooperation agreement to jointly build South China Center of the Platform.
2015
The annual trading volume of the Platform exceeded 30 million tons, up 88% on a year-on-year basis.
2016
November 1, 2016
The Platform initiated pricing trading, and completed the first transaction.
November 29, 2016
The cumulative trading volume of the Platform exceeded 100 million tons.
2017
November 1, 2017
The Platform launched iron ore tendering information services.
2018
October 11, 2018
COREX won the honorary title of “Chinese Enterprise for Bulk Commodity Modern Circulation Service Innovation for Year of 2018”.
2019
December 19, 2019
COREX and the People’s Government of Caofeidian District of Tangshan City signed a framework agreement for mutual cooperation on Caofeidian Iron Ore Index in Beijing.
December 31, 2019
COREX started to release Caofeidian Iron Ore Index.
2020
June 22, 2020
HBIS International Ore Supermarket went into operation.
September 7, 2020
Reply of the State Council on Pilot Program on Comprehensive Pilot for Advancing a New Round of Service Industry Opening-up Expansion in Beijing and Building Comprehensive Demonstration Zone for National Service Industry Opening-up Expansion expressly clarifies to facilitate COREX to establish a scientific and reasonable commodity pricing mechanism.
September 15, 2020
The mobile terminal of COREX trading system (COREX APP) was launched online.
December 11, 2020
COREX realized the annual transaction volume of over 60 million tons.
2021
August 10, 2021
COREX launched the first independent third-party iron ore spot e-tender system in China.
September 28, 2021
COREX and DCE signed a strategic cooperation agreement to jointly explore the development of iron ore futures and spot market, covering iron ore non-standard warehouse receipt business, basis difference trading, index publication, and collaboration of industry and finance.
October 8, 2021
COREX started to publish 61% benchmark price ( ￥ dmt ) and two equivalent prices, including seaborne equivalent price ($/ dmt ) and portside equivalent price ( ￥ wmt ).
2022
April 15, 2022
Miner offered Sierra Leone Fines on the Platform for the first time.
May 10, 2022
Awarded with 2022 China Excellence in Steel Technology and Service Provider (Organization) Brand.
June 5, 2022
Awarded with 2022 Steel Industry Chain Green Role Model Enterprise.
August 2022
Portside trading on the Platform exceeded 4 million tons/month for the first time.
2023
September 27, 2023
COREX was awarded the “2023 China Commodity Digital-Physical Integration Excellence Cases” issued by the China Bulk Commodity Circulation Exchange Association of CFLP.
2023
COREX trading volume reached a new high, recording 3373 transactions with a total volume of 67.78 million tonnes.
2024
June 28, 2024
COREX and Delong Steel signed a strategic cooperation agreement.
December 2024
COREX has been approved to conduct iron ore spot basis trading.
2024
COREX achieved record annual trading volume for both seaborne and portside cargoes, with 4585 transactions totaling 82.39 million tonnes.
2025
September 28, 2025
COREX launched the Iron Ore Portside Index (the COREX Index).
November 6, 2025
10 industry leaders signed the MOU on the Application of COREX Index.
December 18, 2025
The scope of the MOU on the Application of COREX Index was further expanded, with an additional 14 enterprises joining the signatories.
2025
COREX trading volume reached a new historical high, recording 5375 transactions throughout the year, with the total trading volume exceeding 100 million tonnes.
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