09
Jul
11:32
China to list scrap futures in 2020
Chinese scrap futures are expected to start trading by the end of this year, Kallanish learns.
The futures will be launched on the Dalian Commodity Exchange (DCE). The first contract that was decided to be traded is for shredded materials. The reason for choosing this product is its low concentration but high standardisation.
The standard delivery location is East China, with North China deliveries also allowed. Demand for shredded scrap…
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Anonymous
Very good overview of the weekly steel market.
Anonymous