15
Jul
15:18
LME launches three new steel contracts
The London Metals Exchange (LME) is set to officially launch on 19 July its three new cash-settled futures contracts for the steel market.
The new contracts are for northwest Europe hot rolled coil, scrap cfr Taiwan and scrap cfr India. These will add to the existing portfolio of futures contracts at the LME, including rebar fob Turkey, HRC fob China, North America HRC, and scrap cfr Turkey, Kallanish notes.
"Since 2015, the LME has launched a number of new …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous