24
Nov
16:33
Tata Steel executes blockchain trade with Bangladesh
Tata Steel has executed a blockchain-enabled paperless export deal with a Bangladesh-based buyer on 24 November. This marks the first paperless trade that happened between both nations, Kallanish notes.
The transaction with Bangladesh was facilitated by Standard Chartered, conducted on the latter’s blockchain trade platform, which enables banks and other trade partners across the globe to trade with each other.
In April, Tata Steel sold a cargo to United Ar…
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Anonymous
Very good overview of the weekly steel market.
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