29
Aug
13:22
Indian exchange launches ingot/billet futures contract
Diamond futures trading platform Indian Commodity Exchange Limited (ICEX) has launched a new monthly steel ingot/billet futures contract, with trading commencing on 28 August. The November, December and January contracts are all already available.
Trading takes place Monday to Friday, 10am to 11.30pm local time, using lots of 10 tonnes. The contracts will be on an ex-Ghaziabad basis and have a maximum order size of 500t. The price quoted will exclude Goods and S…
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Anonymous
Very good overview of the weekly steel market.
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