Trader Salary at Lb Steel BETA

How much does a Lb Steel Trader make?

As of April 2025, the average annual salary for a Trader at Lb Steel is $50,720, which translates to approximately $24 per hour. Salaries for Trader at Lb Steel typically range from $47,960 to $51,297, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Website:
lbsteel.com
Size:
200 - 500 Employees
Revenue:
$10M - $50M
Industry:
MFG Durable

LB Steel is dedicated to innovation in our process technologies, employee skills, and equipment. We do this to give our customers a competitive edge, as well as to deliver a product to our customer that meets or exceeds expectations. Our engineers and technical staff, supported by management, strive to be at the forefront of new technologies in our industries, and implement these as soon as they are quality-proven. LB Steel also has a number of apprenticeship and training programs for employees to gain new skills in their trade. Our commitment to innovation in equipment is demonstrated by our frequent acquisition of new machinery that helps address the needs of our customers.

See similar companies related to Lb Steel

What Skills Does a person Need at Lb Steel?

At Lb Steel, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Trading: Trading is the act or process of buying, selling, or exchanging commodities, at either wholesale or retail, within a country or between countries.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
  4. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
  5. Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.

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Check more jobs information at Lb Steel

Job Title Average Lb Steel Salary Hourly Rate
2 Welder $50,233 $24
3 Accounts Payable $45,099 $22
4 Administrative Assistant $48,434 $23
5 Buyer $56,131 $27
6 Machine Operator $36,118 $17
7 Machinist $51,564 $25
8 Manager, Engineering $136,257 $66
9 Quality Assurance Engineer $67,081 $32
10 Receptionist $35,611 $17
11 Chief Executive Officer $767,599 $369
12 Manager, Production $110,362 $53
13 Manager, Purchasing $115,611 $56

Hourly Pay at Lb Steel

The average hourly pay at Lb Steel for a Trader is $24 per hour. The location, department, and job description all have an impact on the typical compensation for Lb Steel positions. The pay range and total remuneration for the job title are shown in the table below. Lb Steel may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $50,720 look to you?

FAQ about Salary and Jobs at Lb Steel

1. How much does Lb Steel pay per hour?
The average hourly pay is $24. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Lb Steel?
According to the data, the highest approximate salary is about $51,297 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Lb Steel?
According to the data, the lowest estimated salary is about $47,960 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.