Hebei Donghai Special Steel Group Co., Ltd.’s “Donggang” brand rebar has been successfully registered as a deliverable grade on the Shanghai Futures Exchange.
Release date:
2019-01-22
On March 15, 2016, the Shanghai Futures Exchange (hereinafter referred to as SHFE) officially approved the registration of “Donggang” brand threaded steel produced by our company. Effective from the date of this approval, the product may be used for delivery under the SHFE’s standard threaded steel futures contract.
The Shanghai Futures Exchange is one of China’s three most authoritative exchanges. Registration with the exchange for delivery brands involves a highly rigorous review process, imposing stringent requirements on product quality, compliance with technical standards, national and industry‑specific qualifications and permits, corporate governance, market recognition, and product packaging. Upon successful registration, products can be traded as futures contracts, which not only expands the company’s sales channels but also plays a crucial role in enhancing its corporate image and boosting brand awareness.