InvestorQ : Can you tell me about the proposed launch of Steel Futures by NCDEX?
Anamika Sodhani made post

Can you tell me about the proposed launch of Steel Futures by NCDEX?

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Angel dcosta answered.
5 months ago
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NCDEX plans to re-launch Steel Futures contract on 18 January. To begin with, contracts will be available for expiries of Feb-21, Mar-21 and Apr-21. With this launch, NCDEX has again made an entry into the non-agricultural space. This is timely as steel prices are extremely volatile in the market and both the users of steel and the producers need to hedge price risk.

According to NCDEX, the steel contract will provide entities on the buy side and the sell side a reliable and transparent risk management tool to hedge their exposures in the steel market.

According to NCDEX, the steel contract will trade long steel products such as ingots and billets having a trading unit of 10 mt. It will be a test case for NCDEX going beyond agri.

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so he let Ahmad answered.
5 months ago
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What was Nehru unable to repay to the Indian people

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