Taiyuan Iron and Steel Co., Ltd. defines the annual commodity futures hedging plan for 2022.

Recently, the 19th meeting of the eighth Board of Directors of Shanxi Taigang stainless Steel Co., Ltd. adopted a bill on the annual commodity futures hedging plan in 2022.

The futures covered by the 2022 annual commodity futures hedging plan include stainless steel, hot-rolled coil, coking coal, coke, iron ore, thermal coal, metallic nickel and other futures related to the main steel industry, according to TISCO stainless Steel. The maximum futures margin shall not exceed 200 million yuan, which shall be recycled within 12 months after the examination and approval of the company's board of directors.

Click to subscribe to SMM China Nickel Industry chain Annual report to master comprehensive and in-depth industry chain data, research information and SMM professional analysis