• NCDEX signed a memorandum of understanding with BigMint Technologies to combine derivatives market infrastructure with commodity price assessment expertise.
• Under the partnership, BigMint provides the price reference for India's first price reporting agency-based steel scrap futures contract, launched today.
• The cash-settled contract uses BigMint's HMS 80:20 assessment to provide a market-linked benchmark for hedging steel scrap price risk.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NCDEX - National Commodity & Derivative Exchange Ltd. published the original content used to generate this news brief on November 11, 2026, and is solely responsible for the information contained therein.