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Steel HRC FOB China Feb '22 (V7G22)

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Contract Specifications

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Contract
Steel HRC FOB China Argus
Contract Size
10 metric tonnes
Tick Size
$0.50 ($5.00 per contract)
Trading Hours
01:00a.m. - 9:00p.m. London
Exchange
LME
Point Value
$10
Expiration Date
02/28/22 (expired)

Seasonal Chart

Steel HRC FOB China Feb '22
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
769.00 +3.73%
on 01/31/22
832.00 -4.13%
on 02/14/22
+25.67 (+3.33%)
since 01/28/22
3-Month
742.50 +7.43%
on 01/11/22
832.00 -4.13%
on 02/14/22
+49.17 (+6.57%)
since 11/26/21
52-Week
629.00 +26.82%
on 03/10/21
1,004.00 -20.55%
on 05/12/21
+164.67 (+26.01%)
since 02/26/21

More Steel HRC FOB China Quotes

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Most Recent Stories

More News
Befesa Metal Recycled Volumes Witnessed Notable Surge

The acquisition of American Zinc Recycling increased Befesa’s capacity for steel dust recycling by more than 600 thousand tonnes.

2nd July, 2022: Chinese Scrap Metal Prices Unmoved on Index

The price of #2 Copper Wire and Tubing also remained flat.

Flagship Steel Company to Use Green Technology at New Melt Shop

The plant is slated to begin its operations in 2024, the press release said.

HVQ22 : 855.00 (-1.72%)
THU22 : 500.00s (-0.99%)
C-U22 : 388.00s (-0.51%)
V7Q22 : 660.00s (unch)
V5N22 : 937.50s (-0.53%)
FSPAUSY41.CM : 8.2782 (-9.52%)
FSPAUSY46.CM : 7.5613 (unch)
SSPAUSY39.CM : 0.3067 (-6.15%)
Rio Tinto Partnered with Corona Canada to Launch Low-Emissions Aluminum Can

These cans inspire consumers to learn more about the low carbon footprint, said the company press release.

ALU22 : 2,431.00 (+0.51%)
Q8Z22 : 2,466.00s (+0.71%)
R8N22 : 1,445.00s (-12.95%)
ALPAUSY15.CM : 0.6993 (+2.00%)
ALPAUSY51.CM : 0.4551 (+4.52%)
ArcelorMittal Concluded 80% Stake Acquisition in Texas HBI Facility

The plant has an estimated production capacity of around 2 million tonnes of HBI per annum.

HVQ22 : 855.00 (-1.72%)
THU22 : 500.00s (-0.99%)
C-U22 : 388.00s (-0.51%)
V7Q22 : 660.00s (unch)
V5N22 : 937.50s (-0.53%)
FSPAUSY41.CM : 8.2782 (-9.52%)
FSPAUSY46.CM : 7.5613 (unch)
SSPAUSY39.CM : 0.3067 (-6.15%)
Barrick Mali Gold Complex Set to Meet Output Guidance

The Loulo-Gounkoto complex is comprised of open pits at Gounkoto, Faraba and is situated in western Mali, bordering Senegal.

JSW Steel Committed Major Investment to Reduce Carbon Footprint

It must be noted that the steelmaker has already committed to reduce its carbon emissions intensity by 42% by 2030, upon comparison with 2005.

HVQ22 : 855.00 (-1.72%)
THU22 : 500.00s (-0.99%)
C-U22 : 388.00s (-0.51%)
V7Q22 : 660.00s (unch)
V5N22 : 937.50s (-0.53%)
FSPAUSY41.CM : 8.2782 (-9.52%)
FSPAUSY46.CM : 7.5613 (unch)
SSPAUSY39.CM : 0.3067 (-6.15%)
Alcoa Announced Partial Curtailment at Warrick Smelter

Meantime, the Warrick smelter has a total nameplate capacity of 269,000 mtpy across five potlines.

ALU22 : 2,431.00 (+0.51%)
Q8Z22 : 2,466.00s (+0.71%)
R8N22 : 1,445.00s (-12.95%)
ALPAUSY15.CM : 0.6993 (+2.00%)
ALPAUSY51.CM : 0.4551 (+4.52%)
2nd July, 2022: Scrap Gold, Silver and Platinum Prices Held Steady on Index

In the Hallmarked category, the 14 carat gold scrap prices remained unchanged at $ 1,031.05 per Oz.

Wieland Broke Ground on New Copper and Copper Alloy Recycling Facility in Shelbyville

The facility was initially announced in May last year.

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.

Key Turning Points

3rd Resistance Point 799.05
2nd Resistance Point 798.78
1st Resistance Point 798.22
Last Price 797.67s
1st Support Level 797.39
2nd Support Level 797.12
3rd Support Level 796.56

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52-Week High 1,004.00
Fibonacci 61.8% 860.75
Fibonacci 50% 816.50
Last Price 797.67s
Fibonacci 38.2% 772.25
52-Week Low 629.00

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