Masteel releases hedging plan for 2021

Recently, Masteel approved its futures hedging business management methods and hedging plan for 2021.Asian Metal Copyright45 million must be submitted to the Board of Directors for deliberation and can't be implemented until it is approved by the Board of Directors.Asian Metal Copyright The company's largest hedging scales for iron ore, coking coal, coke, steel scrap, ferroalloy and steel material are 6 million tons, 960,000t, 480,000t, 600,000t, 60,000t and 2.Asian Metal Copyright45 million, and any hedging project that requires a margin of more than RMB100 million USD15.Asian Metal Copyright4 million tons respectively.Asian Metal Copyright The company's largest hedging scales for iron ore, coking coal, coke, steel scrap, ferroalloy and steel material are 6 million tons, 960,000t, 480,000t, 600,000t, 60,000t and 2.Asian Metal Copyright The agreed standing futures margin of the company is RMB100 million (USD15.Asian Metal CopyrightRecently, Masteel approved its futures hedging business management methods and hedging plan for 2021.Asian Metal Copyright45 million), and any hedging project that requires a margin of more than RMB100 million (USD15.Asian Metal Copyright45 million must be submitted to the Board of Directors for deliberation and can't be implemented until it is approved by the Board of Directors.Asian Metal Copyright45 million) must be submitted to the Board of Directors for deliberation and can't be implemented until it is approved by the Board of Directors.
.Asian Metal Copyright The agreed standing futures margin of the company is RMB100 million USD15Asian Metal Copyright