globalORE 2.10.0

The globalORE platform offers real-time 'trading' and 'view-only' access to a leading multilateral digital B2B marketplace specializing in physical commodities trading and price discovery. The system is designed to facilitate efficient and transparent interactions among industry participants.

ABOUT globalORE:

• Established and utilized by prominent industry leaders from the mining, steel manufacturing, and physical commodities trading sectors, globalORE provides a suite of innovative solutions for trading, price transparency, and compliance, tailored to meet the needs of buyers and sellers within the industrial raw materials sector navigating contemporary market challenges.
• Features include a centralized trade execution platform supported by advanced technology, fostering a secure and reliable trading environment.
• The platform boasts an active community comprising over 100 reputable steel mills, commodity traders, and mining companies, promoting widespread market engagement.
• It employs pre-defined OTC trading terms that are flexible, comprehensive, and broadly recognized within the industry.
• Backed by independent management with over 40 years of multi-sector physical commodities expertise, ensuring sound strategic oversight.
• Since inception, more than 170 million tonnes of ore have been traded and shipped via the platform, encompassing physical iron ore fines and lump products across single shipment ‘spot’ deals and multi-cargo ‘strip’ transactions.

All pricing data displayed on our marketplace includes:

• Explicit ‘firm’ bids and offers that are tradable in real-time;
• Prices for internationally recognized raw materials brands, qualities, and origins;
• Final and binding once executed on-screen;
• Reflecting actual transactions concluded between industry participants, representing prices paid in the real economy.

Based in Singapore, globalORE was established with the goal of enhancing the credibility, representativeness, and robustness of journalistic reference price reporting. Our market-generated data supports some of the most widely referenced North Asian commodity pricing benchmarks today.