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04 Jan
16:03

LME ferrous contracts show little December movement

The London Metals Exchange (LME) tells Kallanish that prices on both its scrap and rebar contracts moved little month-on-month in December 2018, albeit they did so in opposite directions. Contract volumes traded fell from those in November for both scrap and the less-traded rebar. LME Steel Scrap traded 236,490 tonnes last month, “… taking the total traded volumes for 2018 to 4.8 million tonnes. LME Steel Rebar traded 21,860t in December, …
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