Martin Abbott, chief executive at the LME announced the approval of New Orleans as the first US delivery location for the steel billet contract, while also reinforcing the benefits that steel futures provide the whole steel supply chain during his presentation on the panel: Global Steel Finance/Futures - When will the Credit Squeeze End?

In its 25th year, Steel Success Strategies brought together key players in the global steel industry through a dynamic programme and range of networking opportunities.

LME Training in New York this September
LME Education will be in New York to deliver a range of training courses on 27-30 September, courses include:

• Introduction to the LME - 27 September
• Introduction to Hedging with Futures - 28 September
• Introduction to Hedgign with Options - 29 September
• Hedge Accounting - 30 September