The Steelyard, from the Middle Low German Stâlhof (sample yard), was the kontor of the Hanseatic League in London, and their main trading base in England, from the 13th and 16th centuries. The main goods that the League exported from London were wool and from the 14th century woollen cloths. An important import good was beeswax. The kontor tended to be dominated by Rhenish and Westphalian traders, especially from Cologne.
The Steelyard was not the only Hanseatic trading post in England. There were a number of Hanseatic factories on the English east coast, like the remaining Hanseatic warehouse in King's Lynn, Norfolk.
Name
The Middle Low German name Stâlhof is the older one, appearing as early as 1320.: 137 The name seems to indicate the practice of tagging inspected wool with a lead mark.: 96 Kingsford traces the first reference to it as the Steelyard to 1382. A Latin quotation...