Producers

Rerollers

Scrap processors

Merchants

Construction

Scrap Processor Benefits

Steel billet futures offer a number of benefits for scrap processors including, including the ability to:

1.   Lower financing costs (banks prefer hedged positions)

2.   Ability to offer a long term fixed sales price without
      exposure to price movements

3.   Gain a competitive edge (offer fixed price sales)

The entire supply chain benefits from a transparent and accurate pricing mechanism.