UAE: Dubai Gold and Commodities Exchange to introduce steel futures soon

摘要

Dubai: The Dubai Gold and Commodities Exchange (DGCX) will launch a re-enforcing steel bar, or rebar, steel futures contract in September or October as its expansionary plans flourish, an exchange director said yesterday. David Rutledge, who is also chief executive of the Dubai Multi Commodities Centre, told Reuters that the exchange was looking at a contract size of 10 tonnes, priced in dollars and deliverable to warehouses in Dubai and possibly also Abu Dhabi.