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The London Metal Exchange publishes the previous trading day’s prices on its website for each of these ferrous contracts, and historical data for the current calendar year is also available free of charge.

Pricing procedures for Cash-Settled Futures

23 190 Pricing Procedures for Cash Settled Futures

21 218 Final Settlement Procedures for Cash-Settled Futures

LME Cash-Settled Futures Daily Settlement Prices - Methodology

LME BCP Policy

Real time pricing and trading information

Real time pricing including all tradeable months out to contract expiry is available via LME licensed data distributors.

Access real time pricing and trading information via our licensed LME data distributor network

Download historical data for this contract (including daily closing price forward curves, final settlement prices, daily volumes and exchange open interest) here:

Historical data for cash settled futures

Key reference price table

Contract name Trading venues Closing prices
LME Steel Rebar FOB Turkey (Platts) LMEselect and inter-office telephone


Settlement prices for all 15 months published daily. Provisional approx. 16.45 and final at 17.50
LME Steel Scrap CFR Turkey (Platts)
LME Steel HRC FOB China (Argus)
LME Steel HRC N. America (Platts)
LME Steel HRC NW Europe (Argus)
LME Steel Scrap CFR India (Platts) 
LME Steel Scrap CFR Taiwan (Argus)

Bloomberg ticker codes

If you have a Bloomberg subscription, the codes in the table below will allow you quick access to the ferrous contracts.

Tickers are hosted in {CEM LMF}.

Contract Futures ticker (menu page) Futures ticker (monthly prices)
LME Steel Rebar FOB Turkey (Platts) JBPA Comdty JBPA Comdty CT
LME Steel Scrap CFR Turkey (Platts) JBOA Comdty JBOA Comdty CT
LME Steel HRC FOB China (Argus) LCYA Comdty LCYA Comdty CT
LME Steel HRC N. America (Platts) HUSA Comdty HUSA Comdty CT
LME Steel HRC NW Europe (Argus) LHPA Comdty
LHPA Comdty CT
LME Steel Scrap CFR India (Platts)  LXLA Comdty LXLA Comdty CT  
LME Steel Scrap CFR Taiwan (Argus) LVAA Comdty
LVAA Comdty CT

 

Refinitiv RIC codes

If you have a Refinitiv subscription, the codes in the table below will allow you quick access to the ferrous contracts.

Contract RIC root Display name
LME Steel Rebar FOB Turkey (Platts) SRR Steel Rb
LME Steel Scrap CFR Turkey (Platts) SSC Steel Sc
LME Steel HRC FOB China (Argus) MHC Steel Cn
LME Steel HRC N. America (Platts) LHU Steel Na
LME Steel HRC NW Europe (Argus) CSHN  Steel Hn
LME Steel Scrap CFR India (Platts)
CSSI
Steel Si
LME Steel Scrap CFR Taiwan (Argus)
CSST
Steel St
Description LME Steel Scrap LME Steel Rebar LME Steel HRC FOB China (Argus) LME Steel HRC N. America (Platts)  LME Steel HRC NW Europe (Argus) LME Steel Scrap CFR India (Platts)   LME Steel Scrap CFR Taiwan (Argus) 
Composite Chain (indicative inter-office and LMEselect quotes and trades) 0#CSSCF: 0#CSRRF: 0#CMHCF: 0#CLHUF: 0#CSHNF: 0#CSSIF:
0#CSSTF:
Final Closing Price Chain 0#SSC-CLS 0#SRR-CLS 0#MHC-CLS 0#LHU-CLS 0#CSHN-CLS
0#CSSI-CLS
0#CSST-CLS
Composite Spreads Chain (indicative inter-office and LMEselect quotes and trades) 0#CSSC-: 0#CSRR-: 0#CMHC-: 0#CLHU-: 0#CCSHN:
0#CCSSI:
0#CCSST:
LMEselect ForwardChain (NB LMEselect only) 0#SSCF:=LX 0#SRRF:=LX 0#MHCF:=LX 0#LHUF:=LX 0#CSHN:=LX
0#CSSI:=LX 0#CSST:=LX 
Volume Summary SSC-VOL-TOT SRR-VOL-TOT MHC-VOL-TOT LHU-VOL-TOT CSHN-VOL-TOT CSSI-VOL-TOT
CSST-VOL-TOT
Market Open Interest Summary
0#SSC-FMOI 0#SRR-FMOI 0#MHC-FMOI 0#LHU-FMOI 0#CSHN-FMOI
0#CSSI-FMOI 0#CSST-FMOI
Exchange Open Interest Summary
0#SSC-FEOI 0#SRR-FEOI

0#CSHN-FEOI
0#CSSI-FEOI 0#CSST-FEOI

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