STEMCOR The world's largest independent steel trader
STEMCOR The world's largest independent steel trader
STEMCOR The world's largest independent steel trader
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Stemcor at a glance<br />
London company founded in 1951 as a joint venture with Coutinho,<br />
Caro & Co Co, Hamburg (CCC)<br />
– In 1988 bought out CCC’s shareholding & changed name to Stemcor<br />
Retains independence p from <strong>steel</strong> pproducers<br />
Five 5 core competencies:<br />
– Finance, Raw Materials, Steel Trading, Distribution, Stockholding<br />
– Raw Materials trading supported by mining investments<br />
Handled 15m+ tonnes of <strong>steel</strong> and raw materials in 2009 (2008: 20m+)<br />
Turnover of £3.5bn in 2009 (2008: £6.3bn)<br />
Global network: 1,500 people, 80 offices, 40 countries<br />
TTwo thirds thi d owned d bby one ffamily, il a thi third d owned d bby staff<br />
t ff
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