Steel Merchant Benefits

Steel billet futures offer a number of benefits for merchants, including the ability to:

1. Hedge physical sales and purchases
   
   
2. Offer a long-term fixed sales price
   
   
3. Swap physical billet on a location and grade/producer basis
   
   
4. Gain a competitive advantage by offering a fixed sales price
   
   
5. Protect the value of physical stock against a fall in price
   
   
6. Bring Over-The-Counter transactions on Exchange