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Ferrous metals

Steel scrap

All our ferrous contracts are underpinned by two leading and carefully selected index providers, S&P Global Platts and Argus Media. 

With the physical market at the centre of what we do, we have a long-standing and close relationship with the steel and steel raw material industries. The LME offers seven cash-settled ferrous futures contracts which have been designed in close consultation with the steel community to meet their risk management needs. All our ferrous contracts are tradable on LMEselect and via the inter-office market out to 15 months.

LMEpassport, a key component of the LME’s drive for a more sustainable future, is a new system that does away with paper certificates of analysis and provides the market with a new voluntary register of a metal’s sustainability credentials.

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