The Shanghai Futures Exchange (SHFE), one of the largest commodities markets in China, lists contracts in steel, copper, aluminium, natural rubber, fuel oil, zinc and gold, and was ranked sixth among world derivatives exchange by the Futures Industry Association in 2016. The exchange traded a total volume of 1.68 billion contracts in 2016, up 60 percent from a year earlier.
Honouring the importance of the SHFE, the Bureau of International Recycling (BIR) Ferrous Division under the presidency of Bill Schmiedel (Sims Management Global Trade, USA) has invited Dr. Chen Ye to take the floor during the divisional plenary session, scheduled for Tuesday, 23 May 2017 at 9:00 a.m.
Chen, who will speak on “Developing Steel Futures for a Stronger Economy,” is advanced manager of Commodity Department I at the SHFE and has been a staff member on research and development of commodity derivatives since 2007. He has been mainly engaged in design and list of rebar futures, wire rod futures and hot rolled coil futures contracts, the BIR notes.
The plenary session also will feature an overview of the current and future international steel and ferrous scrap market situation in major regions and the presentation of the eight edition of “World Steel Recycling in Figures 2012-2016” by BIR Statistics Advisor Rolf Willeke.
The 2017 World Recycling Convention & Exhibition will be in Hong Kong at the Hong Kong Convention and Exhibition Centre 22-24 May. The event brings together more than 900 recycling industry professionals from all over the globe, from traders, processors, consumers and brokers to machinery and equipment suppliers, information technology suppliers and consultants.
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