The nearest expiration date for LME Steel Scrap CFR India (Platts) Futures (Feb 2025) is Feb 28, 2025.
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 India (Platts) Futures (Feb 2025) before Feb 28, 2025.