Iron and steel electronic disk has been successfully operated in the market for 8 years, and its customer composition can be said to be the true embodiment of market demand. Steel enterprises with risk aversion consciousness either come in early to participate in trading and hedging; It is considered that "electronic disk" and "futures" are iron and steel enterprises of wolves, tigers and leopards. No matter how they guide and develop, they will not come in to trade in the end.
Steel producers, as the name implies, are steel mills. According to the characteristics of the introduction of futures contracts, it is necessary to choose enterprise products that meet the national standards, have large output and good market reputation as the subject matter, and it is impossible to include all the products of production enterprises in the delivery commodity brands. The restriction of delivery brands will definitely affect the enthusiasm of some enterprises to maintain value. Products produced by our own enterprises cannot be sold through futures platforms. If they come in, they can only choose other hedging trading modes and finally turn the futures platform into a pure financial platform. For enterprises that are expected to enter the delivery brand, because their products have been sold well in the spot market and have been in the seller's market for a long time, it is unlikely to persuade the bosses of these industries to come in for hedging transactions, and it is difficult for these enterprises to participate in it at least in the next 3-5 years. Among the international steel giants, few companies participate in steel futures, while more companies say that the correlation between products and futures is too poor to see what benefits steel futures will bring to the industry, because there are too many varieties of steel and it is too complicated to avoid the risk of price fluctuation by participating in futures trading, which is of little value to steel production enterprises.
Steel traders, this is a key group connecting the preceding with the following. It is their extensive participation and pure market-oriented operation that makes the steel industry develop rapidly today. At the same time, they are also the initiators or victims of large price fluctuations. With the sharp fluctuation of steel prices, they either become lean or bandits. For the surging price drop, some enterprises can only watch their assets shrink without any rescue measures. Therefore, this group of steel traders has a strong demand for value preservation. When steel prices rise, they can place an order on the electronic disk with a small amount of money and store it for free; When the price of steel falls, they can use electronic disk as a sales channel to quickly digest the inventory.
Steel consumers, where they can consume a lot of wire and rebar, can think of real estate development enterprises or construction enterprises with their ears. The total number of these enterprises is not as good as that of steel trading enterprises. Real estate is still a profiteering industry, at least before 2009, it is an absolutely high-profit industry, and the fluctuation of steel prices has little influence on them. After receiving the order, the construction enterprise calculates the profit, and then subcontracts it to countless small construction teams. The construction team has no awareness of cost risk control, and has no time to study and participate in the futures trading that is a "heavenly book" for them.