Chinese HRC had the largest decline on March 13, 2013, dropping 2.0 percent.
Chinese coking coal saw little change in its price yesterday after significant movement the day before. The price of Chinese slab continues hovering in place for the fifth day in a row. The high and low prices of iron ore 58% fines from India kept inching higher.
The steel billet cash price held steady on Wednesday on the LME, remaining around $210.00 per metric ton. The 3-month price of steel billet saw little price change on Wednesday on the LME at $230.00 per metric ton.
For the fifth consecutive day, the US HRC futures contract 3-month price held flat at $635.00 per short ton. The spot price of the US HRC futures contract showed little movement on Wednesday, hovering around $612.00 per short ton.