Tuesday, February 22,
NCDEX Spot Exchange (NSPOT), a leading spot exchange of India is now set to focus on non-agri commodities and will soon be launching pig iron e-auctions with MMTC.*
MMTC is in the process of finalizing the contract terms to help them improve their existing trading mechanism using NSPOT markets, said a press release.
According to Rajesh Sinha, Head of NCDEX Spot “MMTC would immensely benefit from using NSPOT markets for trading pig iron and other commodities. There is immense interest in buyers for trading pig iron on NSPOT.”
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