NCDEX Mild Steel Ingots

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Mild Steel Ingots futures
Exchange National Commodity & Derivatives Exchange
Settlement Physically delivered
Contract Size 10 metric tons
Pricing Unit Need pricing unit!
Tick Value 10 Paise per metric ton
Contract Months All months
Last Trading Day 20th day of the delivery month. If 20th happens to be a holiday, a Saturday or a Sunday then the due date shall be the immediately preceding trading day of the Exchange.
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A Monday through Friday: 10:00 AM to 11:30 PM

Saturday: 10:00 AM to 2:00 PM

Ticker Symbol N/A N/A
Price Limits N/A Daily price fluctuation limit is (+/-) 4%. If the trade hits the prescribed daily price limit there will be a cooling off period for 15 minutes. Trade will be allowed during this cooling off period within the price band. Thereafter the price band would be raised by another 50% of the existing limit i.e. (+/-) 2%. If the price hits the revised price band (6%) again during the day, trade will only be allowed within the revised price band. No trade/order shall be permitted during the day beyond the revised limit of (+/-) 6%.



NCDEX Mild Steel Ingots Contract Specifications