23
Apr
15:52
LME eyes July EU HRC futures contract launch
The London Metals Exchange is expected to launch a new futures contract for European hot rolled coil from 19 July, Kallanish learns from sources.
Two years ago the LME launched its first HRC contracts, for China and North America. At that time, it postponed the launch of a contract for the European market to solve some practical issues, including currency denomination.
The new contract will be settled in USD, Kallanish understands.
In the first quarter some 4,46…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous