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Hedging activity among Chinese miners on the rise, even after LME debacle | Hellenic Shipping News Worldwide

China Baowu Steel Group employees work at its steel factory in Maanshan, in China’s Anhui province. Baowu is the parent of Baoshan Iron & Steel Co. Ltd., which has hedging plans for 2022 including as much as 8 million tonnes of iron ore and 2.2 Mt of hot rolled steel. A growing number of Chinese . ....

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