LME Steel Billet, London Metal Exchange futures provide the ferrous industry with transparent pricing and risk management tools to deal with market volatility within a regulated exchange environment.

The LME is the world’s premier metal exchange. Prices derived form trading on the exchange are used as reference prices in the majority of the world’s physical metal markets. For more than 135 years the LME has enabled its members and their clients to manage the impact of price volatility in non-ferrous markets and extend these same opportunities to the steel industry.