13
Dec
07:25
SHFE works on adding scrap and plate futures
The Shanghai Futures Exchange (SHFE) is working on adding scrap, stainless steel and steel plate futures products, according to the China Times. For years the SHFE’s rebar futures and option products have ranked No.1 globally in terms of trade volumes according to the Futures Industry Association. Steel futures now have a significant influence on spot markets, Kallanish notes.
Chen Ye, a manager at SHFE told a recent steel industry summit that the new cont…
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Anonymous
Very good overview of the weekly steel market.
Anonymous