Spot Prices

RECENT NEWS
Metal Bulletin  Nov 19  Comment 
AK Steel Corp. said late Thursday it will increase spot prices for its carbon steel products effective Jan. 1.
Metal Bulletin  Nov 12  Comment 
Spot transaction prices on rebar have come down an average of $50 per ton, or 10 percent, since mid-October, numerous market sources said this week, even though Gerdau Ameristeel Corp. and Nucor Corp. have both outlined their attempts to hold the...
Metal Bulletin  Nov 12  Comment 
Iron ore swaps have gained ground over the past week on higher spot prices and increased trading volumes, market participants told MB.
Metal Bulletin  Nov 11  Comment 
Spot prices held onto yesterday's gains as Baosteel and Shagang unveiled higher prices for December.
The Hindu Business Line  Nov 4  Comment 
Kochi, Nov. 3 Pepper futures shot up on good buying support and amid reports of tight supply
Metal Bulletin  Nov 3  Comment 
Spot prices for rebar and wire rod surged another 50-60 yuan per tonne on Tuesday, supported by Shagang's price hike announcement yesterday.
Metal Bulletin  Nov 2  Comment 
Spot prices for rebar and wire rod surged another 50 yuan per tonne on Monday, continuing the rebound that started two weeks ago.
Commodity Online  Oct 27  Comment 
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Spot prices refer to the current market price of some product, usually a commodity, currency or rate, for the immediate delivery of said product. Spot prices differ from futures prices, in that a futures contract specifies an amount of money to be paid for a deliverable commodity at a later date, whereas spot prices can be thought of as the amount of money a buyer would pay a producer for the former to throw the commodity into the back of the latter's truck right now.

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