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NCDEX Partners with BigMint to Develop Transparent Steel Scrap Price Benchmarks

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NCDEX Partners with BigMint to Develop Transparent Steel Scrap Price Benchmarks

Analysed 5 Nov 2026·2 sources analysed·Mumbai, India·Business
NCDEX Partners with BigMint to Develop Transparent Steel Scrap Price BenchmarksPreviousNext

NCDEX has entered a three-year strategic partnership with BigMint Technologies to establish transparent and reliable price benchmarks for the steel scrap market in India. BigMint will provide daily spot price assessments used as reference prices for upcoming steel scrap derivatives contracts on NCDEX. The collaboration aims to enhance price transparency, credibility, and risk management for steel industry participants through benchmark development, data collection, and market outreach initiatives.

Sentiment
72%
TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is positive (72/100). Lens Score 38/100.

Outlets measured: economictimes, news18. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 5 Nov 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Positive (72/100)

Sentiment was consistent across outlets (70–75/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

news18 broke this story on 5 Nov, 10:45 am. Other outlets followed.

5 Nov, 10:45 am2 sources · 3 h5 Nov, 01:59 pm
  1. 1
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
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news185 Nov, 10:45 am
NCDEX, BigMint join hands to develop transparent steel scrap price benchmarks
  • 2
    economictimes5 Nov, 01:59 pm
    NCDEX partners with BigMint to enhance price transparency in steel scrap market
  • Who's involved

    Institutions and figures named across source coverage.

    Corporate
    BigMint Technologies Private LimitedBigMint TechnologiesNational Commodity and Derivatives Exchange LimitedNational Commodities and Derivatives Exchange Limited

    Story context

    Category
    Business
    Location
    Mumbai, India
    Sources analysed
    2
    Last analysed
    5 Nov 2026
    Key entities
    National Commodity and Derivatives ExchangeBenchmarkingSteelTransparency (behavior)Spot contractDerivative (finance)IndiaMemorandum of understandingChief executive officerMarket riskEcosystemPrice discovery