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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
JAN 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:39:50 CT
20 Jan 2017
FEB 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:39:22 CT
20 Jan 2017
MAR 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:40:07 CT
20 Jan 2017
APR 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:40:08 CT
20 Jan 2017
MAY 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:39:31 CT
20 Jan 2017
JUN 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:40:20 CT
20 Jan 2017
JUL 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:39:57 CT
20 Jan 2017
AUG 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:40:10 CT
20 Jan 2017
SEP 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:39:42 CT
20 Jan 2017
OCT 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:40:15 CT
20 Jan 2017
NOV 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:39:24 CT
20 Jan 2017
DEC 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:39:59 CT
20 Jan 2017
JAN 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:39:43 CT
20 Jan 2017
FEB 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:39:54 CT
20 Jan 2017
MAR 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:40:20 CT
20 Jan 2017
APR 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:40:00 CT
20 Jan 2017
MAY 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:39:32 CT
20 Jan 2017
JUN 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:39:24 CT
20 Jan 2017
JUL 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:39:59 CT
20 Jan 2017
AUG 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:39:53 CT
20 Jan 2017
SEP 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:40:08 CT
20 Jan 2017
OCT 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:39:51 CT
20 Jan 2017
NOV 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:40:02 CT
20 Jan 2017
DEC 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:39:35 CT
20 Jan 2017
JAN 2019 Show Price Chart - - 395.00 - - - 0 - 16:45:00 CT
19 Jan 2017
FEB 2019 Show Price Chart - - 0.00 - - - 0 - 16:45:00 CT
19 Jan 2017

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