The price of Chinese coking coal fell 2.2 percent on March 12, 2013, making it the day’s biggest mover on MetalMiner’s steel price index.
The price of Chinese HRC moved yesterday. After a few changeless days, prices dropped 1 percent. The price of Chinese slab continues hovering in place for the fifth day in a row. The price of iron ore 58% fines from India inched up a tiny bit higher over yesterday.
Also on the LME, the steel billet cash price showed little movement on Tuesday, hovering around $210.00 per metric ton. The steel billet 3-month price saw little movement on Tuesday on the LME, closing out around $230.00 per metric ton.
The 3-month price of the US HRC futures contract saw little change in its price yesterday at $635.00 per short ton. The US HRC futures contract spot price saw little movement yesterday at $612.00 per short ton.