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LME steel billet contract finishes week with second day of decline

February 10, 2012 - 16:40 GMT Location: London

KEYWORDS: LME , semi-finished products , billet , billet prices , billet contract

The London Metal Exchange’s steel billet contract finished the week with a second consecutive day of decreases on the three-month contract.

The bid/offer spread for the semi-finished product derivative was $500/510 per tonne on Friday February 10, compared with the previous day’s $506/516. A trader was not worried by the second decrease in as many...

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

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