Home / Metal News / Chinese Regulators Likely to Take further Action to Cool Ferrous Metals Fever 

Chinese Regulators Likely to Take further Action to Cool Ferrous Metals Fever 

iconAug 22, 2017 09:58
Source:SMM
Li Haichao, Deputy Director of Futures Supervision Department under China Securities Regulatory Commission (CSRC) paid a visit to China Iron and Steel Association (CISA) yesterday afternoon.

SHANGHAI, Aug. 22 (SMM) – Li Haichao, Deputy Director of Futures Supervision Department under China Securities Regulatory Commission (CSRC) paid a visit to China Iron and Steel Association (CISA) yesterday afternoon.

Ferrous Metals Continue Soaring; Zinc Hits New High

Li and officials from CISA discussed how to join hands in promoting stable and healthy development of steel industry. 

DCE Adjusts Margins for Coking Coal, Coke Futures Contracts, and Position Ceiling for Iron Ore Futures Contracts

Ferrous metals prices continued soaring, ignoring measures taken by regulators, such as position limits and trading margin adjustments. 

The visit by CSRC suggests surge in ferrous metals prices has caught regulator’s attention and that more measures may be taken if ferrous metals futures prices continue rising sharply.  

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

csrc
cisa
ferrous metals prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All