SYSTEM AND METHOD FOR FACILITATING THE TRADING OF PIG IRON TRANSACTIONS

摘要

The disclosure presents a system and method for facilitating metalized iron transactions. The system may be implemented in a variety of ways, including as a computer readable medium for facilitating metalized iron transactions. The computer readable medium includes: logic for communicating a plurality of metalized iron transaction prompts to the remote computer for entering a plurality of corresponding metalized iron transaction parameters; logic for receiving the plurality of entered metalized iron transaction parameters in response to communicating the plurality of metalized iron transaction prompts to the remote computer; logic for determining whether the entered metalized iron transaction parameters satisfy existing market metalized iron transaction parameters; and, logic for closing a transaction for metalized iron if the entered metalized iron transaction parameters satisfy existing market metalized iron transaction parameters. The medium can also include logic for determining an adjusted price of at least one lot of metalized iron to be delivered to fulfill a metalized iron transaction utilizing an adjustment formula for calculating the adjusted price of the metalized iron transaction based on the content of at least one of the chemistry components of the at least of lot of metalized iron; logic for receiving test results of the content of at least one of the chemistry components of the at least one metalized iron lot; and logic for utilizing the test results within the adjustment formula to calculate the adjusted price.