Chinese steel prices were flat for the day. The price of iron ore 58% fines from India was range bound. The price of Chinese HRC remained essentially flat. The price of Chinese coking coal was unchanged.
For the fifth consecutive day, the cash price of steel billet held flat on the LME at $365.00 per metric ton. The steel billet 3-month price saw little movement on the LME at $360.00 per metric ton.
The US HRC futures contract 3-month price showed little movement yesterday at $629.00 per short ton. The spot price of the US HRC futures contract saw little price change yesterday at $658.00 per short ton.