Using futures to improve the ability of iron and steel industry to resolve "input risk"
近期，在供需两端影响下铁矿(678, 0.00, 0.00%)石等黑色商品价格阶段性上涨。面对价格风险，专家直言，油脂油料和化工等行业，大部分企业都进行了套保，与之相比，钢铁行业的规模还有些差距，可借鉴油脂油料和化工企业的“现身说法”，增强相应的风险意识和管理水平，主动积极参与期货市场避险。
Recently, under the influence of both sides of supply and demand, the price of iron ore (678, 0.00, 0.00%) and other black commodities rose in stages. In the face of price risk, experts say that most of the enterprises in oil and chemical industries have carried out hedging. Compared with this, the scale of the iron and steel industry still has some gaps. We can learn from the "practical experience" of oil and chemical enterprises, enhance the corresponding risk awareness and management level, and actively participate in the futures market to avoid risks.
A ore accumulation expectation has been falsified
"After the Spring Festival, the price of iron ore went through the process of falling first and then rising, and the fluctuation was greater than that of other black series varieties, mainly due to the large difference in market expectations for ore. After the outbreak, the industrial chain believes that steel mills will significantly reduce production, leading to a decline in the scale of iron ore demand. " Qiu Yuecheng, director of black research at Everbright Futures Research Institute, said that from a practical point of view, the reduction of steel production is mainly achieved by adjusting the proportion of scrap steel, which has no great impact on the production of molten iron.