Workflow
热轧卷板品种手册
Guo Tou Qi Huo·2025-03-28 11:44

Group 1: Steel Production Ranking - The top 10 steel producers in the previous period were Handan Zongheng Iron and Steel Group, Shougang Group, Benxi Iron and Steel (Group), Jiangsu Shagang Group, Taiyuan Iron and Steel Group, Bohai Iron and Steel Group, etc., with a total output of 953.78 billion and a proportion of 52.2% of the national output of 1827.07 billion [8]. - The top 10 steel producers in the current period were Handan Zongheng Iron and Steel Group, Shougang Group, Jiangsu Shagang Group, Benxi Iron and Steel (Group), Tangshan Guofeng Iron and Steel, Jianlong Group, etc., with a total output of 980.33 billion and a proportion of 48.38% of the national output of 2026.15 billion [8]. Group 2: Hot - Rolled Coil Futures Contract Specifications - The trading unit of hot - rolled coil is 10 tons/hand, the quotation unit is yuan (RMB)/ton, and the minimum price change is 1 yuan/ton [16]. - The daily price limit is ±3% of the previous trading day's settlement price, and the contract months are from January to December [16]. - The trading time is from 9:00 - 11:30 am, 1:30 - 3:00 pm and other trading times specified by the exchange. The last trading day is the 15th of the contract month (subject to adjustment for holidays), and the delivery date is two consecutive working days after the last trading day [16]. - The standard delivery grade is O235B in GB/T 3274 - 2017 or SS400 in JIS G 3101 - 2015, with a thickness of 5.75mm and a width of 1500mm. There are also substitute grades with different thicknesses [16][17]. - The delivery location is the exchange - designated warehouse, the minimum trading margin is 4% of the contract value, and the delivery method is physical delivery with a delivery unit of 300 tons. The trading code is HC, and it is listed on the Shanghai Futures Exchange [17]. - The hot - rolled coil trading margin ratio is 4% from the contract listing date, 10% from the first trading day of the month before the delivery month, 15% from the first trading day of the delivery month, and 20% from two trading days before the last trading day [19]. Group 3: Major Steel Companies - Major steel companies include Baoshan Iron & Steel Co., Ltd. (Baosteel), Angang Steel Co., Ltd. (Angang), HBIS Group Co., Ltd. (HBIS), Benxi Iron and Steel Group Co., Ltd. (Benxi Steel), Jiangsu Shagang Group Co., Ltd. (Shagang), etc., with their respective locations [26]. Group 4: Delivery Location Premiums and Discounts - The delivery location premiums and discounts for hot - rolled coil are as follows: Tianjin area has a discount of 90 yuan/ton, Jiangsu Xuzhou area has a discount of 50 yuan/ton, Jiangsu Zhangjiagang area has a discount of 10 yuan/ton, Hubei Wuhan area has a discount of 70 yuan/ton, and other areas such as Shanghai, Hangzhou, Zhenjiang Huilong Port, and Guangzhou are the benchmark [28].