On March 25, 2013, the day’s biggest mover was the price of Chinese coking coal, which saw a 2.9 percent decline. This was the first move after three changeless days.
The steel billet cash price remained essentially flat on the LME at $200.00 per metric ton. The 3-month price of steel billet steadied at $215.00 per metric ton following two-days of dropping prices on the LME.
After holding steady for the past few days, the spot price of the US HRC futures contract fell 0.2 percent, closing at $608.00 per short ton. The 3-month price of the US HRC futures contract saw little price change on Monday at $625.00 per short ton.