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
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 |
||||