LME steel billet prices rise again on strong euro, scrap prices

London Metal Exchange steel billet prices increased again on Friday February 24 on a stronger euro-dollar exchange rate and higher scrap costs, a trader told Metal Bulletin.

Three-month official billet prices rose to $535/545 per tonne on Friday, up from $523/528 a day earlier

Cash prices also climbed to $510/510.50 per...


Daniel Gleeson

February 24, 2012

15:44 GMT