New Delhi, May 27: The National Stock Exchange (National Stock Exchange of India) has signed a Memorandum of Understanding with the Steel Users Federation of India to develop and strengthen the country’s steel and commodity derivatives ecosystem.
The collaboration aims to enhance market participation, improve price discovery, and build deeper liquidity in steel-related derivative products, supporting both producers and end-users in managing price volatility more effectively.
Officials said the initiative is designed to improve transparency in commodity pricing and provide industry participants with better tools for hedging risks linked to fluctuating raw material costs.
The partnership is also expected to encourage wider adoption of commodity derivatives among steel users, helping create a more structured and efficient market framework in India’s metals and commodities segment.
Market experts believe the move could contribute to a more robust risk-management environment and strengthen India’s overall commodities trading ecosystem in the coming years.