The globalORE app provides real-time ‘trading’ and ‘view only’ access to our global industry leading multilateral over-the-counter B2B marketplace for physical commodities trading and price discovery.
Founded and utilised by global industry leaders from the mining, steel manufacturing and physical commodities trading sectors, globalORE offers a range of innovative trading, price discovery and related compliance solutions tailored to assist industrial raw materials buyers and sellers from the real economy to navigate the challenges of doing business in the 21st century.
− Centralised Trade Execution Venue – underpinned by ‘best in class’ technology
− Active Trading Community – 100+ leading steel mills, commodity traders and mining companies
− Pre-defined OTC Trading Terms – flexible; comprehensive; widely understood and accepted
− Independent Management – 40+ years multi-sector physical commodities experience
− >170 million tonnes of ore traded and shipped since inception – physical iron ore fines and lump; single shipment ‘spot’ and multi-cargo ‘strip’ basis
All prices quoted via our Marketplace:
− represent ‘firm’ tradable real-time Bids and Offers;
− for internationally recognized physical raw materials brands, qualities and origins;
− which are final and binding from the moment executed on-screen;
− reflecting actual transactions entered into and prices paid by industrial raw material buyers and sellers in the real economy.
Headquartered in Singapore, and founded with the aim of improving credibility, representativeness and robustness of journalistic reference price reporting, our market generated data underpins some of today’s most widely referenced north Asian commodity pricing benchmarks.