Core Viewpoint - The conference organized by Jinyuan Futures focused on the core products of the black industry chain, particularly rebar, discussing new perspectives and paths for stable business operations amidst global supply chain restructuring and market volatility [1][4]. Group 1: Conference Overview - The event gathered 120 steel traders from the western region to explore methods for stable operations using futures and options tools [1]. - Jinyuan Futures aims to transform the futures market into a risk management platform that supports the real economy, emphasizing the importance of professional capabilities in volatile market conditions [4]. Group 2: Expert Presentations - Zhou Xiaobin discussed the impact of macro policies and supply-demand dynamics on rebar prices, highlighting the importance of understanding macro trends for formulating micro strategies [6]. - Ban Peng analyzed the changing trading logic in the black industry, noting that stable steel production and profits contrast with the price declines experienced earlier in the year due to trade tariffs, falling coal prices, and deflationary expectations [9]. - Lan Ruijiang presented a mixed strategy of "futures + options," emphasizing the flexibility and risk management benefits of this approach compared to traditional futures strategies [12]. - Yang Zhang provided insights on comprehensive risk management for steel trading companies, focusing on inventory management and the critical role of risk control in modern trading enterprises [15]. Group 3: Interactive Discussions - The final segment featured a discussion among experts addressing the pain points faced by steel traders during their transformation, fostering interaction and engagement with attendees [18]. - The conference underscored the necessity of a comprehensive risk management system for sustainable business operations, emphasizing that risk management is an ongoing journey rather than a destination [23].