Xu Lin steel prices are currently subject to cost side and demand side extrusion footman

Xu Lin: steel prices are currently subject to the cost side and the demand side while squeezing the exposure of the Sina fund platform: letter Phi lag behind false propaganda, the performance of long-term lower than similar products, how to buy funds pit? Click [I want to complain], Sina help you expose them! Nanjing iron and steel Limited by Share Ltd dongmi Xu Lin Sina Financial News on August 24-26, once a year the Chinese coal mine industry conference will be held in Qingdao Shangri-La Hotel (Qingdao City, Hongkong Road No. 9) held a grand. The conference focused on risk management and business development in the supply side reform, jointly organized by the China Coal Industry Association, the China Iron and Steel Industry Association, China Coking Industry Association and the Dalian commodity exchange. Sina futures to participate in the live conference. Xu Lin, Secretary of the board of directors of the Nanjing iron and steel Limited by Share Ltd and the Minister of the Ministry of securities at the general assembly, entitled "the use of futures hedging risk management tools," a wonderful speech. He said that steel prices are currently facing the dilemma is the cost side and demand side extrusion. The cost of the end, oligopoly, and steel production capacity is high, to support the formation of the iron ore price; demand side, traditional industry downstream demand, steel prices difficult to move up, the steel industry continued profitability of the lack of support. When talking about the business pain points, Xu Lin that the following points: the traditional mode of operation of the existing problems, raw material purchase price and product sales price and time synchronization, "negative scissors" devour profits, the risk of exchange rate fluctuations that cost fluctuations and fluctuations in steel prices disproportionately and import and export volume increase after. The same with other experts, Xu Lin also agree with the domestic and foreign coke, coking coal, iron ore, steel, hot rolled and black chain futures, swap varieties listed, increasingly active trading, hedging has the capacity for steel enterprises can transfer risks for futures tools. However, he reminded business operators, the set of insurance is discipline, do not make it into a speculative nature. Xu Lin said that enterprises use futures tools to obtain a reasonable profit, profit smoothing curve, and Nanjing for this purpose, has established the investment decision-making team, team building, establishing a system of management, made a positive exploration in the aspects of hedging. Enter the Sina financial stocks] discussion相关的主题文章: