LME to Launch Steel Futures Giving Access to Shanghai Prices

Bloomberg Markets Thursday 18 June 2026, 03:07 UTC By Charlie Zhu, Winnie Zhu 1 min read

Key Points

Commodities LME to Launch Steel Futures Giving Access to Shanghai Prices The London Metal Exchange plans to launch a steel futures contract that gives global investors exposure to Shanghai prices, marking another step in the internationalization of Chinese commodities futures. The London bourse will introduce the hot rolled coil contract in October, which will settle against the Shanghai Futures Exchange’s monthly US dollar HRC price, the LME said in a statement.

LME (ORG) Launch Steel Futures (ORG) Access (ORG) The London Metal Exchange (ORG) Shanghai (LOCATION) Chinese (ORG) London (LOCATION) the Shanghai Futures Exchange’s (ORG) US (LOCATION) HRC (ORG)

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LME to Launch Steel Futures Giving Access to Shanghai Prices

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