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PHYSICAL TRADING AND RISK MANAGEMENT TOOLS

PHYSICAL TRADING AND RISK MANAGEMENT TOOLS

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BANKS VS STEEL MILLS:<br />

WHY THE CONFLICT?<br />

As physical traders, we accept that our business is risky<br />

but we can try to minimise some of that risk<br />

If hedging mechanisms exist, why not use them?<br />

Outside investors provide much-needed liquidity to the markets,<br />

and take some of the risk.<br />

5

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