Author: Nabeera
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China: Shanghai Futures Exchange introduces options trading for carbon steel HRCs, stainless steel CRCs
New contracts enable market participants to hedge without locking in prices HRC options to represent 10 t per contract, stainless steel options cover 5 t The Shanghai Futures Exchange (SHFE) in China is introducing options for carbon steel hot-rolled coils (HRCs) and 304 stainless steel cold-rolled coils (CRCs). This adds a new tool to the…