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18 Mar
17:04

SGX to launch rebar futures

The Singapore Exchange (SGX) intends to launch a new rebar futures and swaps contracts in mid-April, it tells Kallanish. The contract is intended to round out its virtual steel mill offering, which covers iron ore, coking coal, HRC and now rebar. The new contracts will include rebar futures with a lot size of 10 tonnes and swaps contracts with a lot size of 50 tonnes. The tick size for both is $0.25/t. It will list up to 15 months of contracts, adding contracts th…
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