Scrap prices to be indexed on NASDAQ

The NASDAQ Commodities exchange, Stockholm, is preparing to launch futures contracts for U.S. shredded steel scrap (Midwest U.S. Shredded Steel TSI Index Futures) and iron ore cost and freight China (CFR China 62% Iron Ore TSI Index Futures) in November, 2015, followed by US hot-rolled coil and other products in December of 2015.

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