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Steel HRC FOB China Aug '23 (V7Q23)
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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
08/31/23 (89 days)

Seasonal Chart

Steel HRC FOB China Aug '23
Average Price Chart for 5 Prior Aug Contracts
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Price Performance

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Period Period Low Period High Performance
1-Month
530.00 +3.87%
on 05/25/23
585.00 -5.90%
on 05/17/23
-17.00 (-3.00%)
since 05/02/23
3-Month
530.00 +3.87%
on 05/25/23
693.00 -20.56%
on 03/13/23
-115.00 (-17.28%)
since 03/02/23
52-Week
530.00 +3.87%
on 05/25/23
752.50 -26.84%
on 06/10/22
-186.00 (-25.25%)
since 06/01/22

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Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 550.50
2nd Resistance Point 550.50
1st Resistance Point 550.50
Last Price 550.50s
1st Support Level 550.50
2nd Support Level 550.50
3rd Support Level 550.50

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52-Week High 752.50
Fibonacci 61.8% 667.51
Fibonacci 50% 641.25
Fibonacci 38.2% 614.99
Last Price 550.50s
52-Week Low 530.00

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