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Steel News

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Home Steel News LME scrap and rebar contracts rise for first two month for 2017
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LME scrap and rebar contracts rise for first two month for 2017

17 Mar 2017 16:44 reported by Iona Chen

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Due to Turkey is the biggest import country of scrap in the world, Turkey’s scrap and rebar prices related to American’s buyers. According to sources said that some buyers reduced risk through sets the basic metal price at around 30~40%.

According to London Metal Exchange showed that the volume of contract trading in Jan– Feb 2017, including HI/II (80:20) scrap and rebar totaled around 563,860 tons. This is almost equivalent to the annual trading volume in 2016.

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Metal Price Index

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  • Created with Highcharts 4.0.41. Apr1. May1. Jun2200240026002800
  • Created with Highcharts 4.0.41. Apr1. May1. Jun800085009000950010,00010,500
  • Nickel
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LME Official Bid Price

  • USD / MT
  • Cash
  • 3 Months
  • Zinc
  • 2,690.00
  • 2,716.00
  • Aluminum
  • 2,480.00
  • 2,482.00
  • Copper
  • 9,537.00
  • 9,523.00
  • Nickel
  • 15,465.00
  • 15,640.00

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