As the most anticipated event in the iron ore and steel industry, Singapore Iron Ore week is an action-packed week with heavyweight events like the Singapore Iron Ore Forum where industry leaders lead the discussion on current topics as well as the Gala Dinner with over 1000 participants. The week also hosts a series of physical and paper trading workshops, sporting activities, singing competition, and various social cocktails.
Don’t miss out on the largest international iron ore and steel event of the year. Join us now to network amongst influential industry players and forge new business alliances!
We look forward to your attendance at Singapore Iron Ore Week 2018!
Singapore – An International Commodities Trading Hub
Singapore has successfully established itself as the leading hub for global commodities trading in Asia. Today, it offers world class business infrastructure, a diverse marketplace and a large pool of skilled global talent.
The number of metals and minerals companies in Singapore has doubled over the past 5 years. Today, we are home to over 70% of top metals and minerals companies that manage their trading, financing, insurance and risk management from here. These top metals and minerals companies also directly employ over 2000 personnel in trading related roles, a 130% increase from 2011.
Singapore’s success as a trading hub extends beyond ferrous and non-ferrous metals, into the precious and minor metals space. Since the lifting of GST on Investment Precious Metals in 2012, the volume of gold traded by Singapore based companies has increased by 188%.
Click here for more information on ‘Trading from Singapore’.
SGX – The Dominant Clearing House For Iron Ore Derivatives
As a key constituent of Singapore’s financial ecosystem, SGX provides domestic and international market participants with direct access to risk management instruments. In 2017, SGX cleared over 1.7 billion metric tonnes of iron ore derivatives (swaps, futures and options) – more than 1x the physical seaborne market, and accounting for over 95% of the international market for cleared iron ore derivatives.
To find out more about SGX Iron Ore derivatives contracts, please click here.