For the financial community, the LME Steel Rebar contract offers unique exposure to trends in global construction. We examine the import and export flows of rebar, demand and supply by region, and explore how LME Steel Rebar can act as an effective instrument for the global steel and construction industries to manage risk in an increasingly uncertain environment.
Understanding Steel Scrap
Scrap markets have historically been very volatile, often even challenging the level of fluctuation seen in major currencies. With scrap representing up to 70% of steel production costs, the steel industry has to date been vulnerable to such price moves. The LME Steel Scrap contract launches on 23 November, at a crucial time for the steel industry which is suffering squeezed margins.
Kallanish Commodities interviewed our Head of Physical Market Sales, Robert Fig, about the launch of our new scrap and rebar contracts.
Hear more on how one of the world's leading global metal recyclers, Scholz Holding GmBH, uses LME contracts to hedge its exposure to price volatlity.