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28 Apr
05:24

China trials scrap futures delivery

China's steel scrap futures are expected to be listed this year. Chinese futures companies, together with scrap steel bases and buyers such as trading companies, have participated in the trial implementation of scrap steel futures delivery, Kallanish notes. Last week in Deqing County of Huzhou in Zhejiang Province, the staff of Huatai Futures Hangzhou Branch and the Dalian Commodity Exchange (DCE) helped the seller Deqing Taixin Metal Produ…
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