Stemcor is one of the world’s largest independent steel traders.
We play a pivotal role in the steel industry, acting as a trading intermediary and value-adding service provider. Our end-to-end services span every step in the steel supply chain and comprise five core competencies: finance, raw materials, steel trading, distribution and stockholding. Our breadth of expertise – from minehead to factory floor – enables us to offer integrated supply chain solutions that deliver competitive advantage to the producers and purchasers of steel that we serve.
With turnover exceeding £5 billion in 2012, Stemcor trades around 20 million tonnes of steel and steel-making raw materials and employs 2,000 people in a network of offices in 45 countries across the globe.
Stemcor was formed in London in 1951 and is a privately-owned company. We are not owned by, nor do we own, any steel producers. Our independence from steel producers ensures that we are objective in matching exact customer needs in terms of quality, specifications, financial terms and delivery. The majority of shares are held by the Oppenheimer family, represented on the Board by Ralph Oppenheimer (Chairman) and Philip Edmonds (Deputy Chairman), with the balance of shares held by other directors and employees.
In 2011, Stemcor was ranked 5th by turnover in the Sunday Times Top Track 100 league table for private UK companies.