Steel Futures 3-Month CME Price Drops, LME Billet Does Too

by on

current steel prices - MetalMiner IndXThe 3-month price of the US HRC futures contract saw a 0.8 percent drop on Nov. 19, 2012, landing at $655.00 per short ton and making it the biggest mover on MetalMiner’s daily steel price index. The US HRC futures contract spot price saw little movement at $618.00 per short ton.

Chinese steel prices closed flat for the day. The prices of iron ore 58% fines from India remained rangebound. The price of Chinese HRC held steady. The price of Chinese coking coal also remained essentially flat.

today's metal prices - MetalMiner IndXThe steel billet cash price saw a 0.2 percent decline on the LME to $299.50 per metric ton. The 3-month price of steel billet showed little movement on Monday on the LME at $300.50 per metric ton.

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.