Futures brand registration process optimized, steel mills face new solutions to winter sales problems

Recently, steel mills have found new solutions to deal with winter sales problems. Steel mills use the hedging function of futures to lock in steel and raw material prices to avoid winter price fluctuations. For example, Anshan Iron and Steel Group locked in steel sales prices through futures hedging, effectively reducing losses caused by price fluctuations.

In addition, steel mills also expand sales channels in the traditional off-season through futures registered warehouse receipt delivery. The Shanghai Futures Exchange has also introduced a number of measures to improve the convenience of steel futures delivery and help steel companies achieve a combination of futures and spot.

These measures not only help steel mills solve winter sales problems, but also improve the company’s risk management capabilities and brand value.