Additional pricing information
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.
Real time pricing and trading information
Real time pricing including all tradable 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
Key reference price table
| Contract name | Trading venues | Closing prices |
|---|---|---|
| LME Steel Rebar | 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 |
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) | Futures Ticker (spreads) |
|---|---|---|---|
| LME Steel Rebar | JBPA Comdty |
JBPA Comdty CT |
JBPJBP Comdty CT |
| LME Steel Scrap | JBOA Comdty |
JBOA Comdty CT |
JBOJBO 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 | SRR | Steel Rb |
| LME Steel Scrap | SSC | Steel Sc |
| Description | LME STEEL SCRAP RIC CODE | LME STEEL REBAR RIC CODE |
|---|---|---|
| Composite Chain (indicative inter-office and LMEselect quotes and trades) | 0#CSSCF: | 0#CSRRF: |
| Final Closing Price Chain | 0#SSC-CLS | 0#SRR-CLS |
| Composite Spreads Chain (indicative inter-office and LMEselect quotes and trades) | 0#CSSC-: | 0#CSRR-: |
| LMEselect Forward Chain (NB LMEselect only) | 0#SSCF:=LX | 0#SRRF:=LX |
| Volume Summary | SSC-VOL-TOT | SRR-VOL-TOT |
| Market Open Interest Summary |
0#SSC-FMOI | 0#SRR-FMOI |
| Exchange Open Interest Summary |
0#SSC-FEOI | 0#SRR-FEOI |
Index provider for scrap and rebar
After extensive analysis and consideration, we have selected McGraw Hill Financial Inc. to license the reference index prices to The London Metal Exchange for our new cash-settled ferrous contracts. The selected index prices are TSI Turkish Imports HMS #1&2 80:20, CFR Iskenderun Port for scrap; and for rebar, Platts Rebar, FOB Turkey Port. We are confident that the benchmarks we have selected and the methodologies used are comprehensive, taking account of IOSCO standards, and are highly respected within the steel industry.
The "Platts Rebar, FOB Turkey Port Index“ and "TSI Turkish Imports HMS #1&2 80:20, CFR Iskenderun Port Index“ are products of PLATTS a division of McGraw Hill Financial, Inc. (“MHFI”), and are licensed for use by The London Metal Exchange. PLATTS and TSI are trademarks of MHFI and have been licensed for use by The London Metal Exchange. London Metal Exchange is a trademark of The London Metal Exchange. LME Steel Rebar and LME Steel Scrap are not sponsored, endorsed, sold or promoted by PLATTS, MHFI or their affiliates, and PLATTS, MHFI and their affiliates make no representation regarding LME Steel Rebar or LME Steel Scrap, nor do they have any liability for any errors or omissions in, or interruptions of, the Platts Rebar, FOB Turkey Port Index, the TSI Turkish Imports HMS #1&2 80:20, CFR Iskenderun Port Index, or the LME Steel Rebar or the LME Steel Scrap contracts.
Useful links
Contact us
For further information please email our Market Data team.