LME WEEK 2016: Commodities trading firm Levmet sets up London office

Privately-owned commodities trading firm Levmet has opened a new London office to help facilitate its growing trading activities.

The office marks the next stage of Levmet’s growth as it continues to expand into other complimentary products while recognising the vast pool of trading talent that exists in London, a spokesman for the company said.

“One area we are looking to focus on is forming partnerships with individual proprietary traders and niche commodities businesses who wish to accelerate their growth,” the spokesman added.

Non-ferrous and bulk commodities trader Levmet was formed in 2012 and is owned by management and a group of senior employees. The company actively trades on the London Metal Exchange with over $100 billion notional value of trading annually.

Levmet is led by Ashley Levett, who worked with Drexel Burnham Lambert before setting up his own trading company in the late 1980s. He also has worked with Holco Trading, a subsidiary of ED+F Man, where he was director responsible for all non-ferrous trading.

The Monaco-based company is both a futures and physical trader, primarily focused on metals and hard commodities including copper, iron ore, coal, steel, aluminium, zinc, nickel and other minor metals.

What to read next
Half a million tonnes of copper is sitting in US warehouses, and the traders who put it there are starting to wonder whether they’ve built a hedge, or a trap.
European automotive procurement faces growing complexity due to regional cost volatility and policy-driven supply chains reshaping material pricing and sourcing strategies. This demands granular, region-specific market intelligence for precise cost modeling and strategic decision-making.
The assessment, which currently follows the UK holiday calendar, will follow the Singapore holiday calendar after the proposed change. There will be no change to the publication timing, and the assessment will continue to be published weekly on Wednesdays, at 7pm Singapore time. The purpose of the adjustment is to align the timing to the […]
JX Advanced Metals, Mitsui Kinzoku, Marubeni and Mitsubishi Materials(MMC) inked a deal to integrate MMC's copper concentrate procurement and related products sales business into Pan Pacific Copper (PPC), marking a significant consolidation of Japan's copper concentrate purchasing sector amid persistent pressure from weak treatment and refining charges (TC/RCs).
The publication of Fastmarkets’ assessments of the nickel min 99.8% full plate premium, in-whs Shanghai, and the nickel min 99.8% full plate premium, cif Shanghai for Tuesday May 26 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following prices were affected:MB-NI-0143 Nickel min 99.8% full plate premium, in-whs Shanghai, […]
Copper producers, including Atlas Mining, reported higher earnings in the first quarter of 2026 on the back of elevated copper prices, while concentrate output declined at several operations in Chile, Brazil, Colombia and the Philippines due to lower ore grades and disruptions, according to company results reviewed by Fastmarkets.