Futures contract is a price-fixing mechanism that involves a legally binding commitment to buy or sell a specified quantity of a specified asset at a specified date in the future. Futures contracts are one of the most common derivatives used to hedge risk in highly volatile industries. The volatility in steel prices creates cyclical fluctuations at both steel industry and other industries associated with steel like automotive and machinery manufacturing, construction, shipbuilding etc. The purpose of this article is to illustrate the benefits of steel futures contracts and give a general knowledge about London Metal Exchange (LME) steel billet futures.
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Uluslararası
Benzer Makaleler | Yazar | # |
---|
Makale | Yazar | # |
---|