8th World Antimony Forum
Jun 11-12, 2020
Guiyang, Guizhou, China
12th Rare Earth Summit
May 18-19, 2020
Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
May 14-15, 2020
Hangzhou, Zhejiang, China
9th Magnesium Summit
TBD
Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
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Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
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May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
SHFE: To promote listing of ferrochrome and cold-rolled sheet futures
2019-09-26 15:46:47 【Print】
At 9a.m. of 25 September, the first stainless steel futures product was listed in Shanghai Futures Exchange (SHFE).
Jiang Yan, Director of SHFE, noted that SHFE will comply with unified arrangements of China Securities Regulatory Commission to speed up expansion of effective product supply, improve the list of steel futures products and give a play to the agglomeration effect of steel futures products in iron and steel industry. SHFE is developing ferrochrome and cold-rolled sheet futures products. As ferrochrome is an indispensible raw material to stainless steel manufacturing, the listing of ferrochrome will establish a complete product chain consisting of stainless steel futures, nickel futures and ferrochrome futures to build an effective hedging "toolbox" for upstream and downstream enterprises. Cold-rolled sheet is a key steel raw material in middle and high end manufacturing industry and the listing of cold-rolled sheet will be a marketization means for China to become a manufacturing power from a major manufacturer.
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Jiang Yan, Director of SHFE, noted that SHFE will comply with unified arrangements of China Securities Regulatory Commission to speed up expansion of effective product supply, improve the list of steel futures products and give a play to the agglomeration effect of steel futures products in iron and steel industry. SHFE is developing ferrochrome and cold-rolled sheet futures products. As ferrochrome is an indispensible raw material to stainless steel manufacturing, the listing of ferrochrome will establish a complete product chain consisting of stainless steel futures, nickel futures and ferrochrome futures to build an effective hedging "toolbox" for upstream and downstream enterprises. Cold-rolled sheet is a key steel raw material in middle and high end manufacturing industry and the listing of cold-rolled sheet will be a marketization means for China to become a manufacturing power from a major manufacturer.
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