Login or register to view LME Steel HRC N. America (Platts) prices and monthly averages. Metals; Minor metals; LME Cobalt; LME Cobalt (Fastmarkets MB) LME Molybdenum (Platts) Lithium at the LME; Precious metals. News. Hot Rolled Coil Prices, News and Analysis. Request more information Metals; Minor metals; LME Cobalt; LME Cobalt (Fastmarkets MB) LME Molybdenum (Platts) Lithium at the LME; Precious metals. For further information please email our Ferrous team. © 2020 The London Metal Exchange - an HKEX Company. SteelOrbis is the primary information source preferred by thousands of firms for its up-to-date hot rolled coil prices, hot rolled coil market analyses and news, as it closely follows the main hot rolled coil markets such as China, the CIS, the EU, Turkey, the US and India. International Copper Conference. Steel Rebar is mostly traded on the Shanghai Futures Exchange and London Metal Exchange. Price alerts; Alloy calculator; Custom reports; Charts; Home; Prices & data - Flat steel; Steel HRC ex-works Northwest Europe prices EUR/mt; Steel HRC ex-works Northwest Europe prices EUR/mt. We'll log the error and, if possible, resolve the issue as soon as we can. All rights reserved. The Monthly Overview report provides a snapshot of key data relating to LME Steel HRC N. America (Platts) including: Please click here for Monthly Overview reports, Download historical data for this contract (including daily closing price forward curves, final settlement prices, daily volumes and exchange open interest) here: In these circumstances, it will be possible for market participants to enter bids and offers, and to trade, in this cash-settled future on LMEselect and in the inter-office market on the basis of a known price. For full contract specification details, please refer to the LME Rulebook and for other information, please refer to our disclaimer page. U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Futures Quotes Globex. The LME said by email it looked forward to considering all market feedback. Nov 19, 2020 @ 23:34 More news News. (The LME) should be concentrating on things like the euro-priced steel contract." The contract launched in March 2019 and has been the LME’s most successful ferrous product launch ever: 670,000 tonnes of HRC have been traded - a total value of $313m Cash-settled futures (CSFs) includes LME Alumina (CRU/Fastmarkets MB basket), LME Aluminium Premium Duty Paid US Midwest (Platts), LME Aluminium Premium Duty Unpaid European (Fastmarkets MB), LME Cobalt (Fastmarkets MB), LME Molybdenum (Platts), LME Steel Scrap, LME Steel Rebar, LME Steel HRC N. America (Platts) and LME Steel HRC FOB China (Argus). EUROPE HRC: Domestic prices inch up, buyers concerned about shortage. The page you are looking for may have moved or been taken down. The LME cash-settled ferrous contracts were designed in close consultation with the steel community to meet their risk-management needs. Steel is one of the world’s most important materials used in construction, cars and all sorts of machines and appliances. In these circumstances, it will be possible for market participants to enter bids and offers, and to trade, in this cash-settled future on LMEselect and in the inter-office market on the basis of a known price. All market data contained within the CME Group website should be considered as a reference only and should not be used as validation against, nor as a complement to, real-time market … HRC, CRC, HDG and plate prices increased by 15.4%, 10.0%, 9.0% … Commodities Analysis by MetalMiner covering: . You can find out more and withdraw your consent at any time. By clicking I accept you agree to such purposes. The fob China HRC export price is a pan-Asian benchmark. Get in-depth information about STEEL HRC FOB CHINA Futures including Price, Charts, Technical Analysis, Historical data, Reports and more. The prices discovered on our three trading platforms are used as the global reference price and both the metal and investment communities use the LME to transfer or take on risk, 24 hours a day. Latest news; Daily briefs; Search Archive; Columnists; Hotline & Comment; In … To use this feature you must be a subscriber. The LME fob China HRC contract is the most successful launch of a hedging tool for finished steel in terms of the liquidity that it has achieved. Historical data for cash settled futures. 1In certain circumstances, the cash-settled futures Index that is used as the Final Settlement Price for this cash-settled future may be known before the last trading date/time. Commodities Analysis by MetalMiner covering: . Quotes; Settlements; Volume; Time & Sales; Contract Specs; Margins; Calendar; Globex Futures; Globex Options; Auto Refresh Is. The LME’s launch of its HRC steel contract means there are now liquid futures markets for raw materials and finished steel, allowing steelmakers to hedge their profit margin. The Exchange shall not accept any liability for any losses that a market participant may incur as a result of trading activity conducted in these circumstances. The Argus China HRC price assessment is the official settlement price for the London Metal Exchange (LME) Steel Hot-Rolled Coil FOB China Futures contract. The London Metal Exchange is considering plans to launch a hot rolled coil (HRC) steel contract and a ferro-chrome contract, head of product development Oscar Wehtje told Metal Bulletin on the sidelines of the Global Commodities Outlook Conference IV on Sunday February 12 in Dubai. The LME fob China HRC contract is the most successful launch of a hedging tool for finished steel in terms of the liquidity that it has achieved. This price is accessible via Argus Ferrous Markets - the single, reliable source of global price coverage for iron ore, coking coal, ferrous scrap and steel. In these circumstances, it will be possible for market participants to enter bids and offers, and to trade, in this cash-settled future on LMEselect and in the inter-office market on the basis of a known price. You can find out more and withdraw your consent at any time. Note that all contracts are subject to the LME’s rules and regulations and LME Clear span margining. The new financially-settled contract for hot-rolled coil (HRC) exported from China will settle against the Argus HRC fob Tianjin China index, published in the Argus Ferrous Markets daily online service. Dec 11, 2020 @ 17:20 TURKEY COATED FLAT STEEL: Prices surge to eight-year highs on limited supply, strong demand. HRC is an abbreviation for hot rolled coil steel or an abbreviation for Rockwell Hardness of steel measured on the C scale. The focus will be on the physical market and its links to financial markets, supply demand drivers and the outlook for 2021. Your new password must contain eight or more characters and at least one number. By far the biggest producer of crude steel is China, followed by European Union, Japan, United States, India, Russia and South Korea. All our ferrous contracts are underpinned by leading and carefully selected index providers, and are tradable on LMEselect and via the inter-office market out to 15 months. In certain circumstances, the cash-settled futures Index that is used as the Final Settlement Price for this cash-settled future may be known before the last trading date/time. The London Metal Exchange (LME) will launch a finished steel coil futures contract for Asia on 11 March, settled against prices produced by Argus. The London Metal Exchange is the world centre for industrial metals trading. CHINA HRC: Prices continue upward march, reaching new 2-year high. The Argus fob China HRC index is used to cash settle the increasingly liquid LME Asia HRC futures contracts. LME; COMEX; NYMEX; SHFE; Exchange Data; News & analysis; Tools . London Metal Exchange: European Steel HRC EUROPEAN STEEL HRC – ENGAGING WITH THE INDUSTRY We are exploring launching a futures contract for the European steel HRC market and are seeking feedback from industry participants. Read MetalMiner 's latest article on Investing.com U.S. steel prices continued to increase in October for the third consecutive month. Connect with Argus to customize a solution that meets your exact needs. The standard future contract is 10 tons. LME Steel Rebar; LME Steel Scrap; LME Steel HRC FOB China (Argus) LME Steel HRC N. America (Platts) Minor metals. EUROPE HRC: Domestic prices inch up, buyers concerned about shortage Dec 11, 2020 @ 17:20 TURKEY COATED FLAT STEEL: Prices surge to eight-year highs on limited supply, strong demand The day’s biggest mover on our steel price index on June 13, 2012 was the cash price of steel billet which dropped by 7.4 percent to close at $314 per metric ton on the LME. We use cookies for statistical and measurement purposes, to help improve our website and provide you with a better online experience. The abbreviation is used for both a type of steel and a futures contract for that steel traded on the New York Mercantile Exchange, Globex and Clearport. • Update on the LME steel products and plans for 2021 • Recent developments in regional HRC markets 1 In certain circumstances, the cash-settled futures Index that is used as the Final Settlement Price for this cash-settled future may be known before the last trading date/time. © 2020 The London Metal Exchange - an HKEX Company. Last LME business day of the contract month, LME Trading Operations will calculate daily settlement values based on its published procedure, Final settlement, following termination of the trading for a contract month, will be based on the reported arithmetic monthly average of the Platts TSI HRC US EXW Indiana index which is available from 19:30 Eastern Standard time on the last trading day. Dec 11, 2020 @ 16:43 More news News. Dec 11, 2020 @ 17:10 Indian HRC export offers to Europe up by $25 per tonne. Metals; Ferrous; LME Steel Rebar; LME Steel Scrap; LME Steel HRC FOB China (Argus) LME Steel HRC N. America (Platts) Minor metals. Nov 20, 2020 @ 06:00 Brazil’s CSN restarts No2 blast furnace at UPV mill. LME Steel HRC N. America (Platts) - Contract specifications. News. The London Metal Exchange is looking at developing a hot rolled coil (HRC) contract to add to its existing billet product and is even considering steering away from its trademark physical-delivery mechanism towards an index model, market sources told MB. All rights reserved. LME NASAAC; LME Aluminium Premiums; LME Alumina (CRU/Fastmarkets MB) Ferrous. Get in-depth information about STEEL HRC FOB CHINA Futures including Price, Charts, Technical Analysis, Historical data, Reports and more. Read MetalMiner 's latest article on Investing.com This webinar will see industry analysts deep-dive into steel markets in Europe, Asia and America. By clicking I accept you agree to such purposes. The Exchange shall not accept any liability for any losses that a market participant may incur as a result of trading activity conducted in these circumstances. This is a summary of the contract specifications. If you've arrived from a link on our website, please contact us to let us know that a page is missing. Direct engagement with the physical industry is extremely important for the successful launch of our products. Date: 11 - 13 March 2019 Location: Amsterdam Description: The London Metal Exchange is attending and speaking at the Fastmarkets MB International Copper Conference, where we'll be discussing the performance of our copper contract and other developments at … Nov 20, 2020 @ 10:32 PRICING NOTICE: Launch of steel HRC import (Japan, Korea, Taiwan-origin) price assessment. We use cookies for statistical and measurement purposes, to help improve our website and provide you with a better online experience. Prices for the Platts TSI HRC US EXW Indiana index are generally published according to the US holiday schedule, please refer directly to the provider for the latest information on any amendments or changes. 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