The 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]