大型国有钢铁企业套期保值的可行性和必要性研究

Study of Feasibility and Necessity of Large State-owned Iron & Steel Enterprises Hedging

本文阐述了目前国内外钢铁市场所面临的价格风险,深入分析企业在生产经营中由价格波动造成的亏损问题,论述了钢铁生产型企业参与期货市场套期保值的必要性和可行性,并以两个钢铁公司为例进一步证明了钢铁企业如何通过期货市场,减少价格风险,降低损失,维持稳定的经营利润。

This paper elaborated the price risks of present iron-steel market home and abroad, analyzed the loss problems because of price fluctuation of steel, and then discussed the feasibility and necessity of large stated iron ＆ steel companies taking hedge in the futures market. With two iron ＆ steel companies as the case, this paper proved how to reduce the price risks, decrease loss, and keep stable profit through the futures market for the companies.