Last Trading Day Compare up to five different prices over a selected period of time in Price Book. © 2020 The London Metal Exchange - an HKEX Company. High quality Grade 3SP 5SP Square Steel Billet Lme / Steel Square Bar ASTM A387 Rust Proof from China, China's leading Mild Steel Billets product market, With strict quality control Mild Steel Billets factories, Producing high quality Grade 3SP 5SP Square Steel Billet Lme / Steel Square Bar ASTM A387 Rust Proof products. Scrap shortages prompt sharp rise in Europe aluminium 226 ingot market price, LIVE FUTURES REPORT 07/12: LME base metals mixed; tin, lead rise but copper, Al fall, MORNING VIEW: Metals markets mixed despite China’s strong trade data, LIVE FUTURES REPORT 04/12: LME zinc up near 3%; complex steady at recent highs, GLOBAL NICKEL WRAP: Asia, Europe refined nickel premiums flat, LIVE FUTURES REPORT 04/12: LME base metals recover after slight dips, LIVE FUTURES REPORT 03/12: Nickel, aluminium prices down more than 1%; tin up $100, LME aluminium spread curve tightens with price up 10% in Nov, LIVE FUTURES REPORT 03/12: LME three-month prices largely rangebound; aluminium drops 1.1%, China’s domestic stainless steel prices fall on weaker demand, nickel losses, LIVE FUTURES REPORT 02/12: LME nickel price leads complex consolidation, IN CASE YOU MISSED IT: 5 key stories from December 11, IN CASE YOU MISSED IT: 5 key stories from December 10, Modern Slavery Act Transparency Statement. Steel Billet LME official $/tonne Cash Market specifications; Currency: Unit of Measure: Location: Incoterm: Source: Launch Date: Assessment Frequency: US Dollar: Tonne: London: In Warehouse: LME: 04/29/2008 : For further details, please see our methodology area. Participants can trade one of a number of metals using futures, options, TAPOs, Monthly Average Futures and LMEminis. LME could delist brands not compliant with responsible sourcing principles The London Metal Exchange would have the right to name and shame, suspend or possibly even delist brands that fail to comply with its new proposed responsible sourcing principles, according to a position paper it … Last Trading Day Need LTD rules! We use cookies for statistical and measurement purposes, to help improve our website and provide you with a better online experience. We use cookies for statistical and measurement purposes, to help improve our website and provide you with a better online experience. The London Metal Exchange is the world centre for industrial metals trading. If you don't already have an account, feel free to take a seven day free trial or start your subscription now. Details as follows: Frequency: every day (where these days are LME business days). The lme steel billet price chart for the slab price of the cis area, now on January 22, 2019, represents a fluctuation change from a few days ago. Fastmarkets MB is part of Euromoney Institutional Investor PLC group. In February 2008 the LME launches futures trading in steel billets. Track, chart, compare and export 950+ global metal, steel and scrap prices with Fastmarkets MB's pricing analysis tool. The Billets produced by the company can be broadly divided into three main types i.e. FOCUS: Is strong physical Asia aluminium market bullish or bearish for Europe? Past efforts to launch steel futures had faced resi… Billets; CRS Billets; Special Alloy Billets; M.S. By clicking I accept you agree to such purposes. Get Fastmarkets MB's pricing data delivered directly to your spread sheet or integrated within your internal ERP/workflow. CID lt1/ lt4 . Find all your saved comparisons here. We value your feedback. Add to Cart. Rising 3.9 percent on the LME to $395 per metric ton, the 3-month price of steel billet saw the largest increase on MetalMiner’s weekly Raw Steels MMI® this week. Steel is the most actively-traded commodity after oil. When they were launched last November, the LME decided to stick with its physically-delivered steel billet contract to see if there would be any arbitrage synergies. M.S. The prices discovered on our three trading platforms are used as the global reference price and both the metal and investment communities use the LME to transfer or take on risk, 24 hours a day. The LME cash-settled ferrous contracts were designed in close consultation with the steel community to meet their risk-management needs. Add to Cart. Tick Value Ring - Outright $0.50, Carries, $0.01 LME Select - Outright $0.10, Carries $0.01 Inter-office - Outright $0.01, Carries $0.01 Contract Months Need contract months! LME steel billet My prices My saved comparison The current pricing data is only available to subscribers, please login to see the data or take a trial. The LME has evolved from its roots as an exchange for non-ferrous metals contracts in the wake of a changing customer profile and intensifying competition, notably from the Shanghai Futures Exchange, which vies with its UK rival as the seat of the largest metals complex. LME Steel Billet (Cash) Scrap:HMS 80:20 CFR Turkey (SteelOrbis) Rebar: FOB Turkey (SteelOrbis) Last 2 years Price / Delta LME vs Scrap Rebar 96% 72% 97% 75% Strong correlation with scrap and rebar - Turkey: US Scrap and Rebar vs LME Steel Billet $0 $200 $400 $600 $800 $1,000 $1,200 These periods have been identified to further support the coalescence of liquidity. Available Qty: 1 $3,659.00. ALL MATERIAL SUBJECT TO STRICTLY ENFORCED COPYRIGHT LAWS.© EUROMONEY GLOBAL LIMITED. The Ferrous Electronic Quoting (EQ) Programme announced in Notice 20/093 contracts commenced on 15 April 2020. All our ferrous contracts are underpinned by leading and carefully selected index providers, and are tradable on LMEselect and via the inter-office market out to 15 months. Steel futures contracts will be traded on the LME like other metals futures, with an option for physical delivery using approved warehouses. SteelOrbis is the primary information source preferred by thousands of firms for its up-to-date billet and slab prices, billet and slab market analyses and news, as it closely follows the main billet and slab markets such as the CIS and China. 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