Author: Damini Sahu
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China begins trading of coke options, expands risk management for steel raw materials
Coke options listed on the DCE on 2 September Steelmakers diversify hedging tools amidst price volatility With China officially launching coke option trading, the means to manage price volatility risks in the steel raw materials market have been further expanded. The introduction of options for coke, following coking coal and iron ore, completes the ‘futures…