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Dubai Gold and Commodities Exchange (DGCX) has approved two more steel producers for its rebar product, which debuted on 29 October.
The exchange approved Turkish producer, Kromen and UAEs Emirates Steel and Iron.
“Just look at KRX’s volumes. A few thousand trades a day on Eurex is just scratching the surface. There’s manifold potential here.”
Market patrticipants have high hopes for Eurex's Kospi contracts.