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

Secure Client 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 7415 7425 -44
AH 2225 2235 -5
PB 2275 2285 29
ZS 2330 2340 -5
SN 17400 17500 100
NI 21250 21350 5
AA 2020 2040 15
NA 2135 2155 5
Commodity C C-3M
CA 7431.25 -32.75
AH 2205.3 -29.7
PB 2225.25 -25.75
ZS 2312.2 -27.8
SN 17277 -73
NI 21222 -73
AA 1991.25 -23.75
NA 2105.5 -34.5
FF 481 -14
Commodity Prompt Bid Offer
FF C 472 492
FM C 475 495
Commodity Prompt Bid Offer
PP Spot 1185 1205
LL Spot 1200 1220

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

RBS Global Banking & Markets 2008

Sempra Energy Trading LLC and Sempra Energy Solutions LLC are not the same companies as the utility, SDG&E or SoCalGas, and Sempra Energy Trading LLC and Sempra Energy Solutions LLC are not regulated by the California Public Utilities Commission.