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NCDEX launches steel ingot, chilli futures

Our Bureau

MUMBAI: NCDEX on Friday launched mild steel ingot futures contracts in New Delhi and chilli futures in Guntur, Andhra Pradesh.

The trade was inaugurated by Mr V.S. Jain, Chairman, Steel Authority of India Ltd, at the Ispat Bhavan.

Production of mild steel ingots is estimated at 5 million tonnes. With the latest two additions to its folds, NCDEX takes its bouquet of offers to 31 products.

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