The steel department is based on steel and steel materials. By combining this with financial means, it has gradually become a modern service provider in the steel industrial chain with diversified development modes, such as the traditional trade, basis trade, supply chain trade, distribution service and industry investment. Its business includes bulk commodity trade, such as iron mining, coking coal, coke, thread, strip steel and billets. By flexibly using hedging methods, such as cash commodities, futures, share options and changeovers, it realizes interest arbitrage models, such as differences in price, basis, and variety, as well as internal and external differences, forming a stable profit-making mode. Its business continues to extend to upstream mines and downstream steel factories, serving the industrial chain with financial hedging ideas, and striving to build concrete influence within the industry.
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