Shanghai Futures Exchange mulling over ferrous scrap contract

The Shanghai Futures Exchange is considering launching a ferrous scrap contract in the near future, Dr Chen Ye, its product director, said at an industry conference in Shanghai on Friday June 16.

The decision stems from the Chinese government’s encouragement of the use of scrap to reduce emissions and conserve energy as part of its commitment to the Paris Agreement to address climate change, he said. The...

Published

Metal Bulletin Editorial

June 16, 2017

08:37 GMT

Shanghai