Trade Resources Economy Diverse Price Movements Were Observed in The LME Billet Market After Three Week of Decline

Diverse Price Movements Were Observed in The LME Billet Market After Three Week of Decline

In the week ended December 28, diverse price movements were observed in the London Metal Exchange (LME) billet market after three consecutive weeks of decline. The following prices were recorded in LME billet contract trading as of the end of last week:

Varied Price Movements in LME Billet Market

*Official cash Ask or Offer price is the settlement price for the cash contract selling in two LME business days' time.

As of December 28, stock billet volumes remained unchanged at 52,845.00 mt as compared to December 21.

Source: http://www.steelorbis.com/steel-news/latest-news/varied-price-movements-in-lme-billet-market-732777.htm
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Varied Price Movements in LME Billet Market
Topics: Metallurgy