08
Dec
14:25
LME remains confident on rebar/scrap contracts
A year after the official launch of the new cash settled scrap and rebar contracts, the London Metal Exchange remains confident about the continued increase in the number of trades registered. Nevertheless November showed a slight reversal in term of volumes traded.
The scrap future, cash settled to reflect the value of imported HMS scrap into Turkey, in November was traded for the equivalent of some 86,000 tonnes. This was down significantly from the …
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Anonymous
Very good overview of the weekly steel market.
Anonymous