Stemcor’s History
Stemcor was formed in London in 1951 and is an international steel trader, distributer and stockholder. Stemcor is an independent trader meaning it is not owned by, nor does it control, any steel producers. This independence ensures that the Group is objective in matching exact customer needs in terms of quality, specifications, financial terms and delivery.
The Group grew steadily from its formation as a family owned business in 1951. In 2015, the Group transitioned to new ownership, led by Apollo Management, and consolidated its trading, distribution and stockholding units under a new holding company, Stemcor Global Holdings Ltd.
In June 2020 Stemcor was acquired by Guangzhou-based Cedar Holdings Group, and subsequently in January 2024 ownership transferred to Guangzhou Aerotropolis Industrial Investment Group Co Ltd.
Through its global team of experienced traders, the Group possesses in-depth steel sector knowledge, access to key personnel, and an enviable strength of relationships across its portfolio of suppliers and customers. These relationships, many of which being decades long, are paramount to the success of the Group’s trading operations.
Stemcor is well positioned to support its trading counterparties and capitalise on market opportunities, and continues to operate on an independent and autonomous basis.