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LME three-month steel billet prices narrow on weakening physical market

January 23, 2012 - 16:15 GMT Location: London

KEYWORDS: LME , billet , billet prices , steel billet prices

London Metal Exchange three-month steel billet official prices narrowed on Monday January 23 on weaker physical market sentiment.

The official three-month spread was at $515/522 per tonne on Monday, down from $515/530 on January 20. LME prices have been affected by physical prices softening and generally quiet market activity, a trader said. “I’d say things are quiet. I...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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