China Steel Market Prices Flat, But LME Billet Back Up

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The cash price of steel billet saw the biggest upwards shift for the day, rising 4.9 percent on the LME to close at $280.00 per metric ton on Feb. 14, 2013. The 3-month price of steel billet jumped 3.5 percent on the LME to finish at $295.00 per metric ton.

today's metal prices - MetalMiner IndX Chinese steel, iron ore and coking coal prices were flat for the day.

Following a quiet couple of days, the US HRC futures contract spot price fell 0.5 percent on Thursday to $612.00 per short ton. The US HRC futures contract 3-month price saw little movement yesterday at $637.00 per short ton.