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Steel billet futures offer a number of benefits for rerollers including, including the ability to:
 1. Offer a long-term fixed sales price and lock-in a
margin
2. Hedge the timing difference between purchases and
sales
3. Gain a competitive edge (offering fixed price sales)
4. Use the Exchange delivery mechanism as a source of
material in times of extreme shortage
The entire supply chain benefits from a transparent and accurate pricing mechanism. | 
