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LME Steel Billet

Following the success of the LME cash-settled steel contracts and because of an extended period without trading activity, the LME believes that the steel billet contract no longer functions as an effective price discovery tool and risk management solution for the physical industry. As there is no open interest and no remaining LME Steel Billet stocks in LME-approved warehouses, LME Steel Billet will be suspended with immediate effect from 19:00 London time on Monday 10 April 2017.

Please refer to notice: Suspension of LME Steel Billet  for more information.