The London Metal Exchange is the world centre for industrial metals trading. Most of the world’s global non-ferrous futures business is conducted on the LME’s three trading platforms totalling $13.5 trillion, 176 million lots and 3.9 billion tonnes in 2019.
Participants can transfer or take on price risk against aluminium, copper, nickel, tin, zinc, lead, molybdenum, cobalt, steel scrap, rebar and hot-rolled coil, aluminium premiums and alloys, as well as our suite of gold and silver contracts, LMEprecious.
In December 2019, approximately 1.9 million tonnes of material were held on LME warrant in more than 500 storage facilities in 14 countries across 33 locations globally.
The LME is a member of HKEX Group.
MBCL has maintained continued representation on the LME as a Category II member since 1991.We are a fully integrated liquidity provider and broker of LME futures, derivatives and price risk strategies for our global customer base. We are also active on Comex, in Aluminium Premiums, Iron Ore and Steel Swaps
Our wealth of experience, drawn from working with all aspects of industry, allows us to help identify and provide effective risk management solutions and pricing requirements
MBCL offers trading in forwards, options, cross currency, averaging, arbitrage, as well as market intelligence, online execution and client account access. We seek to provide a complete industry service and become a preferred counterpart for all your trading and risk management needs
İstanbul Mineral and Metals Exporters’ Association (İMMİB) is a professional establishment in affiliation with Ministry of Trade, Republic of Türkiye, incorporating 6 exporters’ associations within its body. İMMİB represents six big exporter industries in Turkey which are chemicals, steel, ferrous and non-ferrous metals, electronics, minerals, and jewellery. In 2022 the total export value of the 6 sectors represented by İMMİB constitutes 38% of Türkiye's total exports. İMMİB has almost 43.000 member companies producing and exporting in these associations.
İstanbul Ferrous and Non-Ferrous Metals Exporters’ Association (İDDMİB) is one of the association under the roof of İMMİB General Secretariat. Turkish Aluminium Industry has %40 share at İDDMİB’s export as being the first sector. Turkish Aluminium products are preferred by the world’s leading markets, recognized by specialist retailers and biggest chain stores for their high quality products certified to international standards while enjoying highly competitive prices and on time delivery. Türkiye, keeps pace with latest trends, fashion and Technologies and Turkish companies have being actively participating in the world’s leading exhibitions in Europe, Asia and USA for more than 25 years and and building up their brand “Turkish Aluminium” globally. The industry exports more than half of the production as finished goods. Exports of the Aluminium Industry reached 6,32 billion US$ in 2022. Turkish Aluminium sector makes export to more than 193 countries. There are approximately 1.500 active companies and employ more than 35.000 employees.