Baosteel burns its fingers on costly nickel hedges - China Daily

China DailyBaosteel burns its fingers on costly nickel hedgesChina Daily, ChinaBut even the veteran investors familiar with China's unpredictable corporate scene were surprised at the estimated losses of Baosteel due to misjudgments in the violent price swings of nickel, a key ingredient in steel production. ...Taiyuan keeps stainless prices unchanged Steel Business Briefing (subscription)Update on Chinese stainless steel makers SteelGuruFixed Costs Chafe at Steel Mills Wall Street JournalSteel Business Briefing (subscription)all 8 news articles