LME Steel Billet Improves; China HRC, Coking Coal Steady

The steel billet cash price saw the biggest upwards shift for the day, rising 2.9 percent on the LME to close at $360.00 per metric ton on Wednesday, March 5. The 3-month price of steel billet remained essentially flat on the LME at $355.00 per metric ton.

* Get the complete prices every day on the MetalMiner IndX℠

Chinese steel prices were flat for the day. The price of iron ore 58% fines from India fluctuated within a small range. The price of Chinese HRC and Chinese coking coal both held steady.

FREE Download: The Monthly MMI® Report – covering Steel/Iron Ore markets.

The 3-month price of the US HRC futures contract inched up slightly. The US HRC futures contract spot price held steady yesterday.

Scroll to Top