Relationship between Oxidation of Metal Surface Layer and Air Quality in Wuhan

摘要

In order to find out the relationship of steel futures price with different manganese content, a local fractional algorithm is proposed in this paper. We use three analytical tools - price discovery analysis, arbitrage analysis and a case study approach to assess the magnitude of price divergence risk and determine the hedging effectiveness of steel billet futures. The results show that the proposed method can thus improve overall system performance substantially.