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US Midwest Busheling Feb '23 (THG23)
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Contract Specifications

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Contract
U.S. Midwest Busheling Ferrous Scrap AAM Futures
Contract Size
20 gross tons ($1 per short ton)
Tick Size
$1 per short ton ($20.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) CST
Exchange
COMEX
Point Value
$20
Expiration Date
02/13/23 (expired)

Seasonal Chart

US Midwest Busheling Feb '23
Average Price Chart for 5 Prior Feb Contracts
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
450.00 +6.67%
on 01/23/23
480.00 unch
on 02/10/23
+25.00 (+5.49%)
since 01/10/23
3-Month
400.00 +20.00%
on 11/22/22
480.00 unch
on 02/10/23
+85.00 (+21.52%)
since 11/10/22

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Most Recent Stories

More News
AISI: U.S. Raw Steel Production Recorded Marginal Decline

The production was 1.737 million NT during the week ended May 27, 2023.

HVM23 : 935.00s (-1.06%)
THM23 : 520.00s (unch)
C-V23 : 378.00s (unch)
V7V23 : 563.50s (+0.09%)
V5M23 : 951.82s (-1.87%)
FSPAUSY41.CM : 8.7550 (unch)
FSPAUSY46.CM : 7.9400 (unch)
SSPAUSY39.CM : 0.2463 (-1.24%)
5th June, 2023: Chinese Scrap Metal Prices Dipped on Index

304 SS Solid and 304 SS Turning prices witnessed a decline by CNY 150 per MT each on Index.

Samsung Launched E-Waste Collection Program in Kenya

The launch is on the sidelines of the United Nations World Environment Day celebrations.

U8M23 : 29,139.50s (-0.02%)
5th June, 2023: Scrap Gold, Silver and Platinum Prices Witnessed No Change on Index

In the Non-Hallmarked category, the 14 carat gold scrap prices remained unchanged at $ 1,059.70 per Oz.

ArcelorMittal Nippon Steel India Partners with Schneider Electric to Boost Smart Manufacturing

The strategic partnership will collaborate on developing advanced training facilities and programs in smart manufacturing.

HVM23 : 935.00s (-1.06%)
THM23 : 520.00s (unch)
C-V23 : 378.00s (unch)
V7V23 : 563.50s (+0.09%)
V5M23 : 951.82s (-1.87%)
FSPAUSY41.CM : 8.7550 (unch)
FSPAUSY46.CM : 7.9400 (unch)
SSPAUSY39.CM : 0.2463 (-1.24%)
North American Aluminum Demand Dipped in Q1 2023

This follows 4.8% demand growth recorded during the previous year.

ALQ23 : 2,206.00s (-1.74%)
Q8U23 : 2,213.98s (-1.51%)
R8M23 : 1,958.00s (-0.03%)
ALPAUSY15.CM : 0.6939 (unch)
ALPAUSY51.CM : 0.4211 (-0.21%)
Golden Minerals Announces Restart of Silver and Gold Mining Operations at Velardena

The Company, through engagement with an independent engineering firm, intends in the third quarter of 2023 to update the March 2022 Technical Report Summary.

Scrap Metal Ban Sows Cartel Seeds- Transnet

Transnet had felt more than R3.7 billion worth of loss in stoppages due to cable theft and that R300 million of that was money spent in fixing the line and security services.

Dollar Slightly Higher as Weak Eurozone News Pressures Euro

The dollar index (DXY00 ) on Tuesday rose by +0.13%. Higher T-note yields Tuesday strengthened the dollar’s interest rate differentials. Also, hawkish comments from former Fed Vice Chair Clarida were...

DXY00 : 104.132 (+0.01%)
^EURUSD : 1.06897 (-0.03%)
^USDJPY : 139.256 (-0.27%)
GCQ23 : 1,979.3 (-0.11%)
SIN23 : 23.615 (-0.23%)
Peru Copper Production Rebounds on Las Bambas, Southern and Quellaveco

April production rose 30.5% to 221,999t compared to the same month last year and the biggest monthly increase of 2023.

HGN23 : 3.7620 (-0.17%)
HJU23 : 3.7818s (-0.01%)
QCN23 : 3.7660 (-0.07%)
O9N23 : 8,335.00s (+0.03%)
CUPAUSY2.CM : 2.7495 (-1.11%)
CUPAUSY6.CM : 2.4398 (+0.02%)
CUPAUSY1.CM : 2.8143 (unch)

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Soft Signal Strength.

Key Turning Points

3rd Resistance Point 480.00
2nd Resistance Point 480.00
1st Resistance Point 480.00
Last Price 480.00s
1st Support Level 480.00
2nd Support Level 480.00
3rd Support Level 480.00

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52-Week High 690.00
Fibonacci 61.8% 573.49
Fibonacci 50% 537.50
Fibonacci 38.2% 501.51
Last Price 480.00s
52-Week Low 385.00

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