钢铁期货金融属性凸显推动钢铁工业高质量发展

Group 1 - The steel industry is undergoing a critical transformation from scale expansion to quality improvement, with significant potential for sustainable development [1] - The Shanghai Futures Exchange (SHFE) is implementing targeted policies to enhance the quality of steel futures, including increasing the number of registered brands and delivery warehouses [1][2] - In 2024, the trading volume of steel futures reached 776 million contracts, a year-on-year increase of 2.7% [1] Group 2 - SHFE is actively engaging with steel enterprises to understand their needs and improve contract continuity and delivery convenience, resulting in an overall increase in delivery volumes for hot-rolled and rebar steel [1][2] - The number of steel industry clients using futures tools for risk management is gradually increasing, with notable participation from major companies like Baowu Steel and Nanjing Steel [2] - The integration of steel and finance is deepening, with steel companies adapting to this transitional phase [2] Group 3 - The China Iron and Steel Association (CISA) is focusing on enhancing industrial capabilities and modernizing the supply chain, emphasizing green low-carbon and intelligent manufacturing [3] - CISA is promoting a new capacity governance mechanism and joint restructuring, along with initiatives for ultra-low emissions and digital transformation [3] - SHFE plans to strengthen connections with upstream steel mills and downstream industries to enhance the precision and targeting of industry services [3] Group 4 - Steel companies are actively expanding into overseas markets, accelerating the "going out" strategy across the entire industry chain [4] - SHFE is advancing the internationalization of steel futures to better serve the risk management needs of companies operating abroad [4] - The exchange is collaborating with several foreign exchanges to promote the authorization of steel futures settlement prices, expanding the application scenarios for Chinese steel futures pricing [4]