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Message from Mel Wilde, Managing Director of Metalloyd Ltd.

Metalloyd have found their niche in the international steel trading world due to many different reasons. One very important factor in our success is our strong connections with CIS producers and the excellent relationships we have forged with our customers in emerging markets including Asia, Africa and the Far East. In these regions we have enjoyed long and successful partnerships that allow us to offer on a monthly basis steel products and raw materials against our prefinancing and marketing and tolling agreements.

However, the main competitive edge we have over all other large steel trading companies is our low overhead base. We achieve this by centralising our operation within our financial headquarters in London where we transact all of our sales, purchases and contracts; all of our other offices are satellite bases.

The result of this centralisation is our ability to complete business against a very small margin, probably less than one third of the profit margin that other trading companies must achieve just to cover their overheads. This means that we are probably one of the most competitive large steel trading companies in the world.

 Listen to SBB's recent interview with Mel Wilde, Managing Director

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