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.