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LME BILLET REPORT: Three-month officials post price drop


The official three-month London Metal Exchange steel billet bid/offer spread fell on Thursday May 3, moving to $485-495 per tonne from levels of $495-500 per tonne on Wednesday May 2.

A total of 268 lots of LME billet traded on May 2.

LME billet warehouse stock levels stood at 31,265 tonnes on Thursday, unchanged from levels seen on Monday.

Michelle Madsen
Twitter: @mmadsen_mb

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