Steel

Asia Risk 15: Sandip Biswas, Tata Steel

Tata Steel has managed risks on multiple fronts during its transformation from an Indian company into a multinational corporation over the past 15 years. Adopting a proactive but prudent approach to using derivatives has helped achieve this growth. Rahul…

Metal mania

China is the world’s fastest-growing consumer of base metals and its appetite for raw materials has resulted in a staggering growth in onshore listed derivatives. But its relevance to the institutional markets is still limited. Georgina Lee reports

Forging an index

Efforts by miner BHP Billiton to create an iron ore index that would represent the underlying benchmark for a series of derivatives instruments appear to be floundering as Chinese steel producers press hard for pricing advantage. Kathleen Kearney reports