19
Nov
09:08
LME posts best-ever trading volumes for scrap/rebar contracts
The London Metal Exchange (LME) tells Kallanish that trades on both its steel scrap and rebar contracts in October represent the highest monthly volume since launch.
LME Steel Scrap traded the equivalent of 372,140 tonnes last month. On 13 and 16 October, 71,290t and 62,970t of scrap were traded respectively. LME Steel Rebar traded 87,490t. Both figures represent the highest monthly volume recorded since launch, the LME confirms.
“November looks set up …
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Anonymous
Very good overview of the weekly steel market.
Anonymous