You can opt out of these emails at any time. Find all your saved comparisons here. Add to Cart. Available Qty: 1 $3,659.00. M.S. Following market feedback, the LME understands that Members and other market participants interested in trading the LME ferrous contracts would find it useful to have regularly scheduled periods during LMEselect’s standard operating hours during which they could focus their trading activities. The LME steel billet contract is additionally interesting as it can potentially correlate with other parts of the steel product complex, most importantly with the scrap sector. The London Metal Exchange is the trading and price-formation venue of choice for industrial metals globally. We use cookies for statistical and measurement purposes, to help improve our website and provide you with a better online experience. Currently, the steel billet price index for the cis area shows a price peak after the downturn. Cash, three month and 15 month: LME Tin, LME Steel Billet, LME Cobalt and LME Molybdenum Cash, three month and one forward December prompt: LME Aluminium Alloy and LME NASAAC. Last Trading Day COPYING AND DISTRIBUTING ARE PROHIBITED WITHOUT THE PERMISSION OF THE PUBLISHER Welcome to Fastmarkets MB now incorporating Steel First. Following a steady week, prices for on the LME the steel billet 3-month price closed flat at $305.00 per metric ton. By signing up to this free newsletter you agree to receive occasional emails from us informing you about our products and services. Add to Cart. Details as follows: Frequency: every day (where these days are LME business days). Price description Date Change (%) Price Actions; You have no saved prices. LME steel billet prices rose last week, although they continued to trade at a discount to the physical market Three-month billet settled at $540/550 per tonne in Friday’s officials, while offers from CIS mills were quoted at $610-620 per cfr Turkey for January casting and shipment. Available Qty: 10 $495.00. Tick Value Ring - Outright $0.50, Carries $0.01 LME Select - Outright $0.10, Carries $0.01 Inter-office - Outright/Carries $0.01 Contract Months Need contract months! Current and historical LME Steel Rebar prices, stocks and monthly averages. Meanwhile, fresh data showed sales and production of autos in China both reached new highs for the year in November, and Shagang Group, … Videos, factsheets, research materials and LME Insights. Get Fastmarkets MB's pricing data delivered directly to your spread sheet or integrated within your internal ERP/workflow. 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. The Billets produced by the company can be broadly divided into three main types i.e. Fastmarkets MB is part of Euromoney Institutional Investor PLC group. The Ferrous Electronic Quoting (EQ) Programme announced in Notice 20/093 contracts commenced on 15 April 2020. Global LME steel billet news, LME steel billet prices and expert analysis. To view all prices published by Fastmarkets MB, please log in. These periods have been identified to further support the coalescence of liquidity. One significant step forward was that the LME merged its Mediterranean and Far East steel billet contracts into a single, global steel billet contract … Details of pricing methodology changes or price corrections. CID lt1/ lt4 . Cookie Policy. 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 … 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. Steel continued to rally in December to trade above 4,100 Yuan/MT as higher demand from the construction and manufacturing industry in China is coupled with wider market enthusiasm over the impact of coronavirus vaccine on global economic recovery. FOCUS: Is strong physical Asia aluminium market bullish or bearish for Europe? Mediterranean Steel Billet futures Exchange LME: Settlement Physically delivered Contract Size 65 metric tons (+/- 2%) Pricing Unit Need pricing unit! Have you wondered why the LME steel billet price is floating around under US $300 per metric ton when scrap is $350-400 per ton (depending on … A complete list of all Fastmarkets MB's metal, steel and scrap prices, contained within our pricing analysis tool, Price Book. Billet & Slab Prices, News and Analysis. The LME introduced futures on steel billets on its electronic and phone system on February 28, 2008 and on open outcry on April 28. The London Metal Exchange is the world centre for industrial metals trading. エックスデー フェアウェイウッド bridgestone ゴルフショップ ツアービー ブリヂストンゴルフ ゴルフボール xd-f ゴルフウェア tour-b punch アッタス 受注生産モデル ブリヂストンゴルフ tour b xd-f フェアウェイウッド アッタス punch シャフト:ゴルフレンジャー golf fw The LME is the world’s premier metal exchange. 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. 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! 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. 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. Find all your bookmarked prices here. WHAT OUR CUSTOMERS SAY. LME Steel Billet has traded record volumes over the last seven consecutive months, with 138,651 lots traded so far this year equivalent to 9 million tonnes and a notional value of $4.24 billion. Help us improve LME.com by taking our short survey. For further information please email our Ferrous team. The LME merged its Mediterranean and Far East steel billet contracts into a single, global steel billet contract in July 2010. We use cookies for statistical and measurement purposes, to help improve our website and provide you with a better online experience. Compare up to five different prices over a selected period of time in Price Book. 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. 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. 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. Steel futures contracts will be traded on the LME like other metals futures, with an option for physical delivery using approved warehouses. Cash, three month and three forward December prompts: LME Aluminium, LME Copper, LME Lead, LME Nickel and LME … Billets; CRS Billets; Special Alloy Billets; M.S. LME Steel – Providing price risk management tools for the steel industry Industry support To bookmark a price click on the ‘Add to my saved prices’ icon in Price Book. By clicking I accept you agree to such purposes. We value your feedback. There are two steel billet futures contracts: Far … That was not the … To add prices, click on the "Bookmark price" icon found in any pricing table. /images/sites/846/navigation-images/prices/nav-apex.png was removed, /images/sites/846/navigation-images/prices/nav-price-feeds.png was removed, EUROPE SECTIONS: Prices continue to rise on supply shortage, LIVE FUTURES REPORT 14/12: LME nickel price sets new high on positive China NEV data, MORNING VIEW: LME base metals prices mainly firmer after Friday’s pullback, LIVE FUTURES REPORT 11/12: Zinc down 2.5%; other base metals slip after week of 2020 highs, Queues for aluminium halved at Istim warehouses in Port Klang, LIVE FUTURES REPORT 11/12: LME copper price retreats from early morning spike near $8,000/t, MORNING VIEW: LME base metals prices consolidate after many set fresh highs on Thursday, LIVE FUTURES REPORT 10/12: LME nickel price rises 4% in another day of new 2020 highs, LIVE FUTURES REPORT 10/12: LME complex steady on recent highs; nickel sets another 2020 high, LIVE FUTURES REPORT 09/12: Tin, zinc, nickel set new 2020 highs; Al up 2.3%, ALUMINA SNAPSHOT: Alumina deals rise but still at 14% of LME Al price, LIVE FUTURES REPORT 09/12: US Covid-19 stimulus plan talks boost LME nickel, zinc and tin to new 2020 highs, MORNING VIEW: Base metals remain strong with tin, nickel and zinc setting fresh 2020 highs, LIVE FUTURES REPORT 08/12: Aluminium falls below $2,000; gains for zinc, nickel, lead, LIVE FUTURES REPORT 08/12: LME base metals hold near recent highs, MORNING VIEW: Base metals looking robust as they tread water in high ground, LIVE FUTURES REPORT 07/12: LME lead up by 2.4%; complex mixed. The steel billet 3-month price saw essentially no change on the LME for the fifth day in a row, remaining around $400.00 per metric ton. LME steel billet hits 10 million tonnes of trading on Nov 16- 12 Dec 10 It is reported that 10 million tonnes of steel have been traded at the London Metal Exchange in YTD 2010 period (equivalent to 153,977 lots), the first time this milestone has been reached in a single calendar year. In February 2008 the LME launches futures trading in steel billets. 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. 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. The LME cash-settled ferrous contracts were designed in close consultation with the steel community to meet their risk-management needs. Global steel prices index for lme steel billet price chart cis shows an increasing trend. On July 7, the London Metal Exchange (LME), the world's premier exchange for base metals, steel billet and plastics, released an audited volumes report for its steel billet contracts for the first six months of 2009. The Fastmarkets MB archives cover historical news and pricing data going back to 1997. Steel is the most actively-traded commodity after oil. All rights reserved. LME said that this development has come about in response to changing market dynamics and the increasing acceptance of the LME steel price as the benchmark price for steel billet. COPYING AND DISTRIBUTING ARE PROHIBITED WITHOUT THE PERMISSION OF THE PUBLISHER, All Steel First prices, news and market analysis can be found here on www.metalbulletin.com. © 2020 The London Metal Exchange - an HKEX Company. Steel Billet futures Exchange LME: Settlement Physically delivered Contract Size 65 tonnes (+/-3.5%) Pricing Unit Need pricing unit! 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. Participants can trade one of a number of metals using futures, options, TAPOs, Monthly Average Futures and LMEminis. LME Steel Billet, London Metal Exchange futures provide the ferrous industry with transparent pricing and risk management tools to deal with market volatility within a regulated exchange environment. Track, chart, compare and export 950+ global metal, steel and scrap prices with Fastmarkets MB's pricing analysis tool. All rights reserved. Past efforts to launch steel futures had faced resi… If you don't already have an account, feel free to take a seven day free trial or start your subscription now. You can find out more and withdraw your consent at any time. Copyright ©Euromoney Global Limited. By clicking I accept you agree to such purposes. 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 Download the latest Daily for news from the last 24 hours plus all Fastmarkets MB prices, and the magazine for feature articles, market analysis and high-profile interviews. Metals. Home Pricing Price Tracker Steel Billet LME official $/tonne Cash. MB Apex contains leader boards of analysts based upon the accuracy of their most recent price predictions. The LME cash-settled ferrous contracts were designed in close consultation with the steel community to meet their risk-management needs. Last Trading Day Need LTD rules! Copper Date Value; LME Official Cash Ask ($/MT) 10 Dec: $7,712.00: LME Official 3M Ask ($/MT) 10 Dec: $7,729.50: LME Averages Cash Ask ($/MT) Nov 2020: $7,063.43 You can find out more and withdraw your consent at any time. ALL MATERIAL SUBJECT TO STRICTLY ENFORCED COPYRIGHT LAWS.© EUROMONEY GLOBAL LIMITED. LME Billet LT1/ LT4 VVT Delete Front Cover . 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. 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