Shanghai Futures Exchange Approves โXianggangโ Brand Rebar for Delivery by Hunan Valin Steel
Shanghai Futures Exchange Issued an Announcement on Approving the Registration of โXianggangโ Brand Rebar Produced by Hunan Valin Steel Co., Ltd.: Recently, our Exchange received the relevant application materials submitted by Hunan Valin Steel Co., Ltd. In accordance with the relevant provisions including the Administrative Measures of Shanghai Futures Exchange for Registration of Steel Delivery Commodities, upon study, it is decided as follows: I. Approve the registration with our Exchange of โXianggangโ brand rebar produced by Hunan Valin Steel Co., Ltd., and implement the standard price. II. As of the date of this announcement, the above products may be used for performance delivery under our Exchangeโs rebar futures contract. The relevant product details are as follows: Registered enterprise: Hunan Valin Steel Co., Ltd.; Place of origin: Yangchun, Guangdong; Manufacturer: Yangchun New Steel Co., Ltd.; Product name: rebar; Registered trademark: โXianggangโ brand.