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

    • Market data is delayed by at least 10 minutes.

    • 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 data feeds. Settlement prices on instruments without open interest or volume are provided for web users only and are not published on Market Data Platform (MDP). These prices are not based on market activity.
Month Charts Last Change Prior Settle Open High Low Volume Hi / Low Limit Updated
FEB 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:37:30 CT
24 Feb 2017
MAR 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:38:16 CT
24 Feb 2017
APR 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:38:17 CT
24 Feb 2017
MAY 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:37:38 CT
24 Feb 2017
JUN 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:38:29 CT
24 Feb 2017
JUL 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:38:05 CT
24 Feb 2017
AUG 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:38:19 CT
24 Feb 2017
SEP 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:37:50 CT
24 Feb 2017
OCT 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:38:25 CT
24 Feb 2017
NOV 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:37:32 CT
24 Feb 2017
DEC 2017 Show Price Chart - - 395.00 - - - 0 No Limit 16:38:08 CT
24 Feb 2017
JAN 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:37:51 CT
24 Feb 2017
FEB 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:38:03 CT
24 Feb 2017
MAR 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:38:29 CT
24 Feb 2017
APR 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:38:09 CT
24 Feb 2017
MAY 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:37:40 CT
24 Feb 2017
JUN 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:37:31 CT
24 Feb 2017
JUL 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:38:08 CT
24 Feb 2017
AUG 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:38:01 CT
24 Feb 2017
SEP 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:38:17 CT
24 Feb 2017
OCT 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:38:00 CT
24 Feb 2017
NOV 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:38:11 CT
24 Feb 2017
DEC 2018 Show Price Chart - - 395.00 - - - 0 No Limit 16:37:43 CT
24 Feb 2017
JAN 2019 Show Price Chart - - 395.00 - - - 0 - 16:45:00 CT
23 Feb 2017
FEB 2019 Show Price Chart - - 395.00 - - - 0 - 16:45:00 CT
23 Feb 2017
MAR 2019 Show Price Chart - - 0.00 - - - 0 - 16:45:00 CT
23 Feb 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