Straits Financial trades on LME’s first SHFE-linked steel contract

29th October, 2026

Narayani Srinivasan
Modern glass skyscrapers and construction cranes in London's financial district skyline.

The cash-settled contract, which settles against the Shanghai Futures Exchange’s (SHFE) hot-rolled coil price, is expected to boost overseas participation in China's commodity derivatives markets.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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