MCX notified regarding the Accreditation of Warehouse for Storage of Base Metals & Steel rebar

Oct 22, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Multi Commodity Exchange (MCX) on October 21, 2024, notified regarding the Accreditation of Warehouse for Storage of Base Metals & Steel rebar.

The following has been stated:

• It has been decided to accredit the warehouses for storage and effecting delivery for Base Metals & Steel rebar contracts. It will come into effect from October 22, 2024. The details of the warehouses are given in Annexure - 1.

• The Members and their constituents are requested to deliver only such grade/ variety of commodities as acceptable under the contract specifications after confirming the availability of space at the respective warehouses before initiating any steps for effecting deliveries.

[Notification No MCX/MCXCCL/706/2024]


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