STEEL, breaking above the downtrend, testing the key fibosSteel futures. A great world economy proxy
Bouncing and testing all key fibonacci levels. Still, no higher highs, hence trend remains bearish (so as for the economy?)
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
SCM2024
LME Steel Scrap CFR Turkey (Platts) Futures (Jun 2024)SCN2024
LME Steel Scrap CFR Turkey (Platts) Futures (Jul 2024)SCQ2024
LME Steel Scrap CFR Turkey (Platts) Futures (Aug 2024)SCU2024
LME Steel Scrap CFR Turkey (Platts) Futures (Sep 2024)SCV2024
LME Steel Scrap CFR Turkey (Platts) Futures (Oct 2024)SCX2024
LME Steel Scrap CFR Turkey (Platts) Futures (Nov 2024)SCZ2024
LME Steel Scrap CFR Turkey (Platts) Futures (Dec 2024)SCF2025
LME Steel Scrap CFR Turkey (Platts) Futures (Jan 2025)SCG2025
LME Steel Scrap CFR Turkey (Platts) Futures (Feb 2025)SCH2025
LME Steel Scrap CFR Turkey (Platts) Futures (Mar 2025)SCJ2025
LME Steel Scrap CFR Turkey (Platts) Futures (Apr 2025)Explore more contracts
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Frequently Asked Questions
The current price of LME Steel Scrap CFR Turkey (Platts) Futures (Oct 2024) is 384.00 USD — it has fallen 0.26% in the past 24 hours. Watch LME Steel Scrap CFR Turkey (Platts) Futures (Oct 2024) price in more detail on the chart.
The volume of LME Steel Scrap CFR Turkey (Platts) Futures (Oct 2024) is 25.00. Track more important stats on the LME Steel Scrap CFR Turkey (Platts) Futures (Oct 2024) chart.
The nearest expiration date for LME Steel Scrap CFR Turkey (Platts) Futures (Oct 2024) is Oct 31, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell LME Steel Scrap CFR Turkey (Platts) Futures (Oct 2024) before Oct 31, 2024.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For LME Steel Scrap CFR Turkey (Platts) Futures (Oct 2024) this number is 0. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for LME Steel Scrap CFR Turkey (Platts) Futures (Oct 2024) shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for LME Steel Scrap CFR Turkey (Platts) Futures (Oct 2024). Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of LME Steel Scrap CFR Turkey (Platts) Futures (Oct 2024) technicals for a more comprehensive analysis.