Baosteel(SH:600019) Zheng Quan Ri Bao Wang·2025-12-12 13:10Core Viewpoint - Baosteel Co., Ltd. (600019) indicated that its iron ore procurement scale is larger than its product export volume, and the appreciation of the RMB is expected to have a positive impact on its operations [1] Group 1: Foreign Exchange Risk Management - The company has established a mature mechanism for foreign exchange risk management to address uncertainties related to exchange rate fluctuations [1] - Financial derivative tools are utilized to hedge against exchange rate volatility, and currently, there is no significant foreign exchange risk exposure [1] Group 2: International Settlement Strategy - The company is attentive to the trend of diversification in international settlement currencies and aims to optimize its settlement strategy based on policy guidance and commercial feasibility [1]