coking coal price

Following a three-day flat streak, the price of Chinese HRC dropped by 0.9 percent on May 8, 2012.

Meanwhile, Chinese coking coal prices remained essentially flat. For the fifth day in a row, the price of Chinese slab also stayed pat at CNY 4,350 ($691) per metric ton. The price of iron ore 58% fines from India hit a low price of CNY 855 ($135) and a high price of CNY 865 ($137) per dry metric ton.

On the LME, the steel billet cash price held steady around $480 per metric ton. The steel billet 3-month price saw little movement on Tuesday on the LME, closing out around $485 per metric ton.

For the fifth consecutive day, the 3-month price of US HRC futures held flat at $670 per short ton. The US HRC futures contract spot price saw little change in its price yesterday at $665 per short ton.

On May 7, 2012, the day’s biggest mover was the cash price of steel billet, which saw a three percent increase on the LME to $480 per metric ton. This increase comes after two straight days of stagnant prices. The 3-month price of steel billet showed little movement yesterday on the LME at $485 per metric ton.

Chinese steel prices closed flat for the day. The high and low prices of iron ore 58% fines from India stayed in a range of $135-$140 per dry metric ton. The price of Chinese HRC was unchanged at below $700 per metric ton. The price of Chinese coking coal remained essentially flat.

The spot price of US HRC futures contract moved up 1.5 percent, landing at $665 per short ton. For the fifth consecutive day, the 3-month price of US HRC futures held flat at $670 per short ton.

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On April 27, 2012, the day’s biggest mover was the steel billet cash price, which saw a 1.1 percent increase on the LME to $470 per metric ton. This increase comes after the price fell for the two previous days. After a one percent increase, steel billet 3-month prices finished the day on the LME at $485 per metric ton.

Chinese steel closed mixed last Friday. The high and low prices of iron ore 58% fines from India kept under $140 per dry metric ton. Friday saw the price of Chinese slab shift 0.7 percent after three quiet days. For the fifth day in a row, the price of Chinese coking coal remained essentially flat.

The US HRC futures contract 3-month price stayed steady at $670 per short ton. The spot price of US HRC futures contract saw little change in its price at $685 per short ton.

On April 27, 2012, the day’s biggest mover was the steel billet cash price, which saw a 1.1 percent increase on the LME to $470 per metric ton. This increase comes after the price fell for the two previous days. After a one percent increase, steel billet 3-month prices finished the day on the LME at $485 per metric ton.

Chinese steel closed mixed last Friday. The price of iron ore 58% fines from India hit a high price of CNY 860 ($136) and a low price of CNY 870 ($138) per dry metric ton. Friday saw the price of Chinese slab shift 0.7 percent to CNY 4,360 ($693) per metric ton after three quiet days. For the fifth day in a row, the price of Chinese coking coal remained essentially flat at CNY 1,780 ($283) per metric ton.

The US HRC futures contract 3-month price stayed steady at $670 per short ton. The spot price of US HRC futures contract saw little change in its price at $685 per short ton.

The LME steel billet cash price saw a 1.1 percent drop on the LME on April 25, 2012, landing at $470 per metric ton and resulting in a 3.1 percent decline over the past week — making it the week’s biggest mover on the Raw Steels MMI®. Closing out the third week of declining prices, steel billet 3-month prices dropped by two percent on the LME, finishing at $490 per metric ton.

The US HRC futures contract 3-month price fell 1.8 percent last week, settling at $673 per short ton. US HRC futures contract spot fell 0.7 percent for the week to settle at $685 per short ton. Following a 0.5 percent increase during the week prior, the price of US shredded scrap fell 0.2 percent last week as well.

Chinese steel prices were mixed for the week. The high and low price of iron ore 58% fines from India held under $140 per dry metric ton. The price of Chinese slab fell 0.2 percent after rising 0.2 percent during the week prior. Chinese coking coal prices held steady from the previous week.

This week’s Korean steel prices stayed flat. Korean steel scrap essentially didn’t move from the previous week, holding below $380 per metric ton. Prices for Korean pig iron remained constant, closing the week under $700 per metric ton.

The Raw Steels MMI® collects and weights 13 global steel and raw material price points to provide a unique view into global steel price trends. For more information on the Raw Steels MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.

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The LME steel billet cash price saw a 1.1 percent drop on the LME on April 25, 2012, landing at $470 per metric ton and resulting in a 3.1 percent decline over the past week — making it the week’s biggest mover on the Raw Steels MMI®. Closing out the third week of declining prices, steel billet 3-month prices dropped by two percent on the LME, finishing at $490 per metric ton.

The US HRC futures contract 3-month price fell 1.8 percent last week, settling at $673 per short ton. US HRC futures contract spot fell 0.7 percent for the week to settle at $685 per short ton. Following a 0.5 percent increase during the week prior, the price of US shredded scrap fell 0.2 percent last week to $436 per short ton.

Chinese steel prices were mixed for the week. Iron ore 58% fines from India ranged from CNY 860 ($136) to CNY 870 ($137) per dry metric ton. The price of Chinese slab fell 0.2 percent to CNY 4,390 ($696) per metric ton after rising 0.2 percent during the week prior. Chinese coking coal prices held steady from the previous week at CNY 1,780 ($282) per metric ton.

This week’s Korean steel prices stayed flat. Korean steel scrap essentially didn’t move from the previous week at KRW 430,000 ($378) per metric ton. Prices for Korean pig iron remained constant, closing the week at KRW 790,000 ($694) per metric ton.

The Raw Steels MMI® collects and weights 13 global steel and raw material price points to provide a unique view into global steel price trends. For more information on the Raw Steels MMI®, how it’s calculated or how your company can use the index, please drop us a note: info (at) agmetalminer (dot) com.

The cash price of steel billet saw the biggest increase at 0.6 percent on the LME, finishing at $475 per metric ton for April 24, 2012. The LME steel billet 3-month price held steady on Tuesday, remaining around $490 per metric ton.

Chinese steel prices closed flat for the day. Iron ore 58% fines from India ranged from CNY 870 ($137) to CNY 880 ($139) per dry metric ton. The price of Chinese coking coal saw little movement at CNY 1,780 ($282) per metric ton. The price of Chinese slab ended up even on Tuesday at CNY 4,390 ($696) per metric ton.

Tuesday saw the US HRC futures contract spot price shift 0.3 percent to $685 per short ton after a couple of still days. At $673 per short ton, the US HRC futures contract 3-month price held fast after a two-day decline.

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The cash price of steel billet saw the biggest increase at 0.6 percent on the LME, finishing at $475 per metric ton for April 24, 2012. The LME steel billet 3-month price held steady on Tuesday, remaining around $490 per metric ton.

Chinese steel prices closed flat for the day. Iron ore 58% fines from India ranged from CNY 870 ($137) to CNY 880 ($139) per dry metric ton. The price of Chinese coking coal saw little movement at CNY 1,780 ($282) per metric ton. The price of Chinese slab ended up even on Tuesday at CNY 4,390 ($696) per metric ton.

Tuesday saw the US HRC futures contract spot price shift 0.3 percent to $685 per short ton after a couple of still days. At $673 per short ton, the US HRC futures contract 3-month price held fast after a two-day decline.

On April 23, 2012, the 3-month price of steel billet fell by three percent on the LME, landing at $490 per metric ton and making it the day’s biggest mover on in steel prices. Also on the LME, the cash price of steel billet declined 0.8 percent to $472 per metric ton.

Chinese steel prices were mixed for the day. Iron ore 58% fines from India ranged from CNY 870 ($138) to CNY 880 ($139) per dry metric ton. After remaining flat for three days, the price of Chinese slab fell 0.2 percent on Monday to CNY 4,390 ($696) per metric ton. The price of Chinese coking coal saw essentially no change for the fifth day in a row, remaining around CNY 1,780 ($282) per metric ton.

The US HRC futures contract 3-month price weakened by 0.3 percent, settling at $673 per short ton. The spot price of US HRC futures contract has been on the decline for thirteen days and is now at $687 per short ton.

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