Recently, C&D Mineral Resources, a subsidiary of Steel & Iron Group under C&D Inc., completed the delivery of 100 lots (10,000 tons) of iron ore futures with CIEC through the "agreement settlement" method. This is the first time in the history of iron ore futures delivery that this method has been used, opening up new avenues for more enterprises to participate in iron ore futures delivery in the future.

Established in 2008, C&D Mineral Resources specializes in international trade of iron ore products and steel. It has long-term direct supply from large mines in countries such as Australia, Brazil, South Africa, India, Ukraine, and maintains stable and close cooperation with many large and medium-sized steel mills in China. In the future, C&D Mineral Resources will continue to play an active role in helping steel and iron companies participate in the futures market for hedging, satisfying differentiated delivery demands, and enhancing the resilience of the supply chain and industry chain, providing high-quality services for steel and iron industry customers.