We provide two kinds of contract, LME Steel Rebar and LME Steel Scrap. The reason for cash settlement futures is to satisfy the needs of new risk management tools for the metal industry. Check out our Rebar and Scrap contract specification.
LME has close relationship with the steel industry and the steel import industry. Our new contracts are made according to the needs of the market and continuous dealing with customers. These contract completes the long steel’s production chain, from import (LME Steel Scrap) to production (LME Steel Rebar).