Benchmarker prices bound for Nymex's ClearPort platform

Dec 04, 2006 | 12:33 PM | Sam Kusic

The New York Mercantile Exchange and World Steel Dynamics Inc., Englewood Cliffs, N.J., have signed a letter of intent to offer the SteelBenchmarker pricing series on the exchange.

"The letter of intent is an important first step in the quest by WSD and Nymex to develop an extensive market in steel futures trading," Peter Marcus, WSD's managing partner, said in a statement.....

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