SHARE THIS STORY

0

0

0

• India Pepper finishes down on higher production concerns
• India Jeera settles higher on rising spot demand
• MCX Aluminum trades in narrow range on lackluster market
• India Chana gains on lower output concerns

By Allen Sykora
CME Group reports that hot-rolled coil Steel futures volume posted a record month in October with 5,021 contracts traded, a 62% increase from September.

The growth was driven by new participants entering the market, the exchange says. The contract was launched in October 2008 and the size is 20 short tons.

Hot-rolled coils are among the major finished Steel products, accounting for some 40% of U.S. sheet steel production.

By Allen Sykora of Kitco News; asykora@kitco.com

Print

Tweet this

Share this

Stumble this

Digg this

Link this

Post your comment  (0)

Connect:

Post to Twitter

Post to Facebook