Pretty quiet on the steel complex front yesterday – on Feb. 19, 2013, Chinese HRC saw little change in its price.
The price of Chinese coking coal held steady as well.
The steel billet cash price flattened at $265.00 following two-days of declines on the LME. On the LME, the steel billet 3-month price saw little movement on Tuesday at $290.00 per metric ton.
The 3-month price of the US HRC futures contract saw little price change on Tuesday at $640.00 per short ton. The spot price of the US HRC futures contract saw little change in its price yesterday at $611.00 per short ton.