Stemcor’s core business is steel trading. We act as a trading intermediary between producers and purchasers and provide a range of value-adding services. The goods we trade include long, flat, tubular and semi-finished products. We also trade specialised products such as engineering steels, stainless steels and steel products for the oil & gas industry.
Stemcor supplies steel producers with raw materials used in the production process. These include iron ore, pig iron, HBI/DRI, coal, coke, ferroalloys and scrap. Since the raw materials trading business began in the year 2000, volumes have grown dramatically and the business now handles more than 10m tonnes per annum.
Steel prices are inherently volatile, making business planning a complicated and risky exercise. The introduction of steel futures provides a neutral tool that puts the steel industry back in control of price.
Stemcor’s specialist price risk management team employs a range of derivative tools that can help to manage exposure to physical market price fluctuations and they would be pleased to hear from you.