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

    • Market data is delayed by at least 10 minutes
Month Charts Last Change Prior Settle Open High Low Volume Hi / Low Limit Updated
JUL 2015 Show Price Chart - - 498.32 - - - 0 No Limit 18:26:43 CT
01 Jul 2015
AUG 2015 Show Price Chart - - 498.32 - - - 0 No Limit 18:26:52 CT
01 Jul 2015
SEP 2015 Show Price Chart - - 498.32 - - - 0 No Limit 18:26:43 CT
01 Jul 2015
OCT 2015 Show Price Chart - - 498.32 - - - 0 No Limit 18:26:41 CT
01 Jul 2015
NOV 2015 Show Price Chart - - 498.32 - - - 0 No Limit 18:26:24 CT
01 Jul 2015
DEC 2015 Show Price Chart - - 498.32 - - - 0 No Limit 18:26:33 CT
01 Jul 2015
JAN 2016 Show Price Chart - - 498.32 - - - 0 No Limit 18:26:51 CT
01 Jul 2015
FEB 2016 Show Price Chart - - 498.32 - - - 0 No Limit 18:26:26 CT
01 Jul 2015
MAR 2016 Show Price Chart - - 498.32 - - - 0 No Limit 18:26:33 CT
01 Jul 2015
APR 2016 Show Price Chart - - 498.32 - - - 0 No Limit 18:26:29 CT
01 Jul 2015
MAY 2016 Show Price Chart - - 499.40 - - - 0 No Limit 18:26:57 CT
01 Jul 2015
JUN 2016 Show Price Chart - - 487.50 - - - 0 No Limit 18:26:25 CT
01 Jul 2015
JUL 2016 Show Price Chart - - 482.50 - - - 0 No Limit 18:27:24 CT
01 Jul 2015
AUG 2016 Show Price Chart - - 495.59 - - - 0 No Limit 18:27:24 CT
01 Jul 2015
SEP 2016 Show Price Chart - - 412.50 - - - 0 No Limit 18:27:24 CT
01 Jul 2015
OCT 2016 Show Price Chart - - 412.50 - - - 0 No Limit 18:27:40 CT
01 Jul 2015
NOV 2016 Show Price Chart - - 412.50 - - - 0 No Limit 18:27:23 CT
01 Jul 2015
DEC 2016 Show Price Chart - - 412.50 - - - 0 No Limit 18:27:23 CT
01 Jul 2015
JAN 2017 Show Price Chart - - 390.00 - - - 0 No Limit 18:26:37 CT
01 Jul 2015
FEB 2017 Show Price Chart - - 393.69 - - - 0 No Limit 18:27:15 CT
01 Jul 2015
MAR 2017 Show Price Chart - - 0.00 - - - 0 No Limit 17:00:00 CT
01 Jul 2015
APR 2017 Show Price Chart - - 0.00 - - - 0 No Limit 17:00:00 CT
01 Jul 2015
MAY 2017 Show Price Chart - - 0.00 - - - 0 No Limit 17:00:00 CT
01 Jul 2015
JUN 2017 Show Price Chart - - 0.00 - - - 0 No Limit 17:00:00 CT
01 Jul 2015
JUL 2017 Show Price Chart - - 0.00 - - - 0 No Limit 17:00:00 CT
01 Jul 2015

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