LME ferrous contracts - Stemcor from derivatives Watch Video
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Description: Julian Verden, Managing Director Europe for Stemcor, explains how they are working closely with their customers and suppliers along the steel value chain to reduce the risk of price volatility as much as possible through hedging with derivatives. With steel second only to oil in terms of globally traded commodities, the steel derivatives market is set to grow significantly in the future.nnFor more information about hedging steel price risk with LME ferrous contracts, visit lme.com/ferrous
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