Steel facts, also known as steel physical goods, refer to the physical goods of steel that can be used for shipment, storage, and manufacturing. The general term for goods that can be exchanged for cash on a spot or forward basis, or paid in advance, with buyers paying within a very short period of time. Symmetry of steel futures.

The commonly used trading method in spot trading is to hand over the money and deliver the goods, or to adopt a barter trading method.

Spot trading is generally applicable to the purchase and sale of agricultural and sideline products, as well as small-scale wholesale and retail transactions. In China, retail enterprises generally adopt the method of delivering goods and receiving payment, and receiving both silver and goods in spot trading; Wholesale enterprise spot trading not only adopts the method of delivering and receiving money in one hand, but also adopts the method of bank collection and payment commitment to settle within the specified period. The differences between spot trading and other trading methods are:

②  The purpose of the transaction is to obtain ownership of the goods.

② In terms of transaction methods, it is generally carried out through one-on-one negotiations between both parties, without the need to focus on specific times and locations.