Jiang Yan, president of Shanghai Futures Exchange (SHFE), stated during the 16th Shanghai Derivatives Market Forum held on May 28 that SHFE will launch stainless steel futures within the current year. The move will meet the diversified risk management needs of enterprises.
SHFE had launched rebar and wire rod futures and March 27, 2009, while it launched hot rolled coil (HRC) futures on March 21, 2014.