Prices increase sharply in LME billet market
Tags: billet , semis , UK , Europe , steel futures , steelmaking , European Union | similar articles »
The following price movements were recorded in London Metal Exchange (LME) billet contract trading as of the end of last week.
As of Dec 02 | As of Dec 09 | Weekly change (%) | ||||
Bid | Ask | Bid | Ask | Bid | Ask | |
Official, cash: | 515.00 | 525.00 | 554.50 | 555.00* | 7.6 | 5.7 |
Official, 3 months: | 530.00 | 540.00 | 560.00 | 570.00 | 5.7 | 5.6 |
Official, 15 months: | 575.00 | 585.00 | 605.00 | 615.00 | 5.2 | 5.1 |
Evaluation closing, cash: | 520.00 | 525.00 | 535.00 | 545.00 | 2.9 | 3.8 |
Evaluation closing, 3 months: | 535.00 | 540.00 | 545.00 | 555.00 | 1.9 | 2.8 |
*Official cash Ask or Offer price is the settlement price for the cash contract selling in two LME business days' time.
Stock billet volumes decreased to 67,470.00 mt as of December 9, compared to 68,445.00 mt on December 2.
Most Recent Related Articles
20 May 13
Tags:
billet
,
semis
,
UK
,
Europe
,
steel futures
,
steelmaking
,
European Union
,
Istanbul
|
similar articles »
22 Apr 13
Tags:
billet
,
semis
,
UK
,
Europe
,
steel futures
,
steelmaking
,
European Union
,
Istanbul
|
similar articles »
29 Apr 13
Tags:
billet
,
semis
,
UK
,
Europe
,
steel futures
,
steelmaking
,
European Union
,
Istanbul
|
similar articles »
06 May 13
Tags:
billet
,
semis
,
UK
,
Europe
,
steel futures
,
steelmaking
,
European Union
,
Istanbul
|
similar articles »
13 May 13
Tags:
billet
,
semis
,
UK
,
Europe
,
steel futures
,
steelmaking
,
European Union
,
Istanbul
|
similar articles »
Facebook Wall 
SteelOrbis Tweets 
SteelOrbis RSS Feeds
SteelOrbis Mobile