Research On The Risk Management Of BGJS Hot Dip Galvanized Futures Project Of 20 Thousand Tons

With the rapid development of China economy,steel trade occupies a considerable proportion in the commodity trade,steel trade industry as the link of mills and terminal customers,is the service industry specializing in steel trade activities.In recent years,a large number of steel prices,more and more terminal customers choose to use the futures model to buy steel.Therefore,how to control the whole steel futures project in the goods(steel)risk,capital risk and other risk factors is an important issue to be resolved.In order to solve the above problems,in this paper,the characteristics and needs of China steel trade industries and BGJS companies based on their own,with 20 thousand tons of hot galvanized Wuhan Iron and steel futures project as the object,in order to control the financial risk,goods risk,contract risk and business risk as the starting point,according to risk management theory and related literature,put forward the research direction for the BGJS,Wuhan 20 thousand tons of hot galvanized steel futures project to take risk management and puts forward effective suggestions.In this paper,"Wuhan 20 thousand tons of hot galvanized steel futures project" as an example,the project risk management expert experience method,brainstorming method and system decomposition method for risk analysis of this project,to deal with and control the project risk identification,assessment,to develop the process of project risk management in accordance with the plan,the establishment of the project risk monitoring and response measures.Through the research,this paper draws the conclusion of the following three aspects:(1)In this paper,the comprehensive utilization of brainstorming method,system analysis to identify the 20 thousand tons of hot dip galvanized steel futures project are business normative risk,capital risk,cargo risk,credit risk,contract risk and business risk.(2)In this paper,the risk factors of 20 thousand tons of hot dip galvanized futures project of Wuhan Iron and Steel Company were classified and sorted through expert decision method and scenario analysis method.The result of the project risk assessment is the highest risk of financial risk,the need to strengthen prevention.Once the risk immediately reported and started to respond to measures to maximize the risk of the occurrence of the eradication of the bud.(3)To ensure the risk monitoring and response measures of Wuhan 20 thousand tons of hot galvanized steel futures project reliable and efficient,the following security measures is formulated in this paper:establishing risk early warning mechanism and smooth reporting mechanism;the construction of dynamic risk measurement monitoring system;the implementation of the accountability system for risk factors.