12
May
16:35
India’s commodity exchange to launch rebar futures contracts
India's Multi Commodity Exchange (MCX) has received approval from the Securities and Exchange Board of India (Sebi) for the launch of steel rebar futures contracts, the former informs in a note seen by Kallanish.
The date of the launch of the contracts will be issued to market participants separately, the release reads.
According to MCX, the maximum order size will be 200 tonnes and the tick size INR 10/t ($0.12). The price quote (excluding GST) will be ex-wa…
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Anonymous
Very good overview of the weekly steel market.
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