Prices of concluded
trades on the London Metal Exchange billet contract fell on Friday January 27
in the face of a weak physical market.
The three-month contract official prices were unchanged at
$515/525 per tonne on Friday, yet trades occurred at $518/MT i.e. down from
trades at $520/MT a day earlier.
The cash contract official prices were down at $505/506/MT
from the previous price of $509/MT.
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