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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.

Day delayed ferrous LME Closing Prices

Refreshed on 21 Oct 2021

LME Steel Scrap

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LME Steel Rebar

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LME Steel HRC FOB China (Argus)

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LME HRC NW Europe (Argus)

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LME Steel HRC North America (Platts)

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LME Steel Scrap CFR India (Platts)

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LME Steel Scrap CFR Taiwan Argus

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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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