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Steel Billet, FOB Black Sea (Platts) Futures Quotes Globex

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Month Charts Last Change Prior Settle Open High Low Volume Hi / Low Limit Updated
DEC 2016 Show Price Chart - - 390.00 - - - 0 No Limit 18:38:34 CT
08 Dec 2016
JAN 2017 Show Price Chart - - 395.00 - - - 0 No Limit 18:38:17 CT
08 Dec 2016
FEB 2017 Show Price Chart - - 395.00 - - - 0 No Limit 18:38:52 CT
08 Dec 2016
MAR 2017 Show Price Chart - - 395.00 - - - 0 No Limit 18:38:34 CT
08 Dec 2016
APR 2017 Show Price Chart - - 395.00 - - - 0 No Limit 18:38:35 CT
08 Dec 2016
MAY 2017 Show Price Chart - - 395.00 - - - 0 No Limit 18:37:59 CT
08 Dec 2016
JUN 2017 Show Price Chart - - 395.00 - - - 0 No Limit 18:39:46 CT
08 Dec 2016
JUL 2017 Show Price Chart - - 395.00 - - - 0 No Limit 18:38:24 CT
08 Dec 2016
AUG 2017 Show Price Chart - - 395.00 - - - 0 No Limit 18:38:36 CT
08 Dec 2016
SEP 2017 Show Price Chart - - 395.00 - - - 0 No Limit 18:38:09 CT
08 Dec 2016
OCT 2017 Show Price Chart - - 395.00 - - - 0 No Limit 18:38:42 CT
08 Dec 2016
NOV 2017 Show Price Chart - - 395.00 - - - 0 No Limit 18:37:53 CT
08 Dec 2016
DEC 2017 Show Price Chart - - 395.00 - - - 0 No Limit 18:38:26 CT
08 Dec 2016
JAN 2018 Show Price Chart - - 395.00 - - - 0 No Limit 18:38:10 CT
08 Dec 2016
FEB 2018 Show Price Chart - - 395.00 - - - 0 No Limit 18:38:22 CT
08 Dec 2016
MAR 2018 Show Price Chart - - 395.00 - - - 0 No Limit 18:39:46 CT
08 Dec 2016
APR 2018 Show Price Chart - - 395.00 - - - 0 No Limit 18:38:27 CT
08 Dec 2016
MAY 2018 Show Price Chart - - 395.00 - - - 0 No Limit 18:38:01 CT
08 Dec 2016
JUN 2018 Show Price Chart - - 395.00 - - - 0 No Limit 18:37:53 CT
08 Dec 2016
JUL 2018 Show Price Chart - - 395.00 - - - 0 No Limit 18:38:27 CT
08 Dec 2016
AUG 2018 Show Price Chart - - 395.00 - - - 0 No Limit 18:39:22 CT
08 Dec 2016
SEP 2018 Show Price Chart - - 395.00 - - - 0 No Limit 18:39:35 CT
08 Dec 2016
OCT 2018 Show Price Chart - - 395.00 - - - 0 No Limit 18:38:19 CT
08 Dec 2016
NOV 2018 Show Price Chart - - 395.00 - - - 0 No Limit 18:39:30 CT
08 Dec 2016
DEC 2018 Show Price Chart - - 395.00 - - - 0 No Limit 18:39:05 CT
08 Dec 2016
JAN 2019 Show Price Chart - - - - - - 0 - -

About Steel Billet

Steel billet swap futures and futures are hedging and price risk management tools against the volatile steel industry. As a steel product, steel billet is semi-finished and is produced in standardized merchant grades. It can be easily and relatively cheaply stored because it is less prone to damage than other steel end-products.

Benefits of trading steel billet include:

  • Lock in profit margin with protection from adverse price movement
  • Improve ability to budget
  • Guarantee cash flow

Things to know about the contracts:

  • Settlement is financial
  • Can be traded electronically on CME ClearPort or via open outcry (New York)
  • Trading is conducted in 24 consecutive months
  • Contract size is 100 metric tons
  • Price quotation is in U.S. Dollars and Cents per metric ton
  • NYMEX Position Limits

Read the Steel Billet Fact Card