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STEMCOR<br />
� The world’s largest independent steel trader<br />
�� International trading trading, trade finance and related services<br />
� Shipping & logistics, stockholding, business planning & consultancy,<br />
price p risk management, g , offset & countertrade<br />
� 20m tonnes of steel and raw materials<br />
�� Turnover circa £6bn (2008)<br />
� Global network: around 1,400 people, 80 offices, 40 countries<br />
�� US$5 US$5.5 5 billion in bank facilities from over 50 banks<br />
� Private company, two thirds owned by the Oppenheimer family
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