Steel

The London Metal Exchange (LME) started futures trading in steel billets through its telephone market and on LME Select, its electronic trading platform on 25 February 2008. Trading through the LME Ring began on 28 April 2008.

Steel

RBS Sempra Metals is a leading Ring Dealing Member of the London Metal Exchange (LME) and a Broker Member of the Dubai Gold & Commodities Exchange (DGCX).

RBS Sempra Metals specialises in providing trading, market making and associated risk management solutions for major steel producers, consumers, distributors and traders.

Our services include:

  • Futures
  • Averaging/over-the-counter (OTC) swaps
  • Physical trading
  • Research and analysis
  • Online trading
  • Mobile data services

Customised solutions

As an established steel futures and OTC market maker, as well as a physical trader, we provide highly competitive pricing, liquidity and customised solutions to meet your specific business needs – in both risk management and physical activities.

The steel contracts we cover are:

  • LME steel billet futures Far East (FF)
  • LME steel billet futures Mediterranean (FM)
  • DGCX steel rebar

For the first time, these futures contracts give steel industry participants an instrument to manage price risk, a traded reference price and the option of physical take up and delivery.

Leading the market

Since the launch of LME steel futures contracts in February 2008 we have quickly established our position as a leading player in this market. Our dedicated team of steel professionals are based in key locations to cover the European, Middle Eastern and Asian contracts.

Europe / Middle East

Ben Thomson
tel: +44 20 7847 7541

Asia

Ryan Younger
tel: +65 6332 5149

René van der Kam
tel: +65 6332 2369

Email: steel@rbssempra.com

Client Secure Login Area

RBS Sempra Metals clients can access SOLe trading and other applications within the secure section of our website by logging in through the links below.

Commodity Bid Offer Change
CA 3465 3485 -115
AH 1830 1840 -42
PB 1190 1200 -35
ZS 1140 1150 -38
SN 11150 11650 -505
NI 9900 10100 -250
AA 1420 1440 5
NA 1340 1360 -25
Commodity C C-3M
CA 3541 -49
AH 1827 -50
PB 1212 -18
ZS 1172.5 -10.5
SN 11995 90
NI 10113 -137
AA 1379 -46
NA 1333 -42
Commodity Prompt Bid Offer
FF C 300 340
FM C 310 350
Commodity Prompt Bid Offer
PP Spot 682 702
LL Spot 746 766

The prices quoted do not constitute an offer by RBS Sempra Metals to buy or sell any product.

RBS Global Banking & Markets 2008