Founded in 2013, Singapore Iron Ore Week (SIOW) has grown to be the most anticipated and prominent event in the iron ore and steel industry. Today, through the close collaboration of organisers and industry as well as active participation from key industry leaders, SIOW is the forum to discuss and debate the latest industry trends and market developments.
SIOW 2018 will feature the flagship Singapore Iron Ore Forum (SIOF), an unforgettable SGX Awards Night amongst the flowers at Gardens by the Bay, and the Gala Dinner. During the week, there will be exhibitions by key stakeholders, a talent quest, sporting events, as well as various trading/hedging workshops and seminars. For the first time, we will also invite millennials to come share their thoughts on the iron ore and steel industry. It promises to be an action-packed week that brings leaders of iron ore and steel to the Lion City for an unprecedented event.
Our vision is to become the world-class platform for dialogue across industry, government, businesses, experts, and scholars; so as to deepen cooperation in the iron ore and steel industries. Through innovation, great service, and constant development, we hope to make this year’s SIOW the most unforgettable event of the year.
Join us in making Singapore Iron Ore Week the highlight of 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.
Singapore is the world’s second largest metals and minerals trading hub after Switzerland and has grown from just a few companies to a community of over 140 today. 50% of this community are active traders of iron ore and steel products. We have also anchored all of the top three iron ore producers globally, accounting for more than 65% of market share. They have also anchored their global ferrous marketing and sales, risk and supply management, and chartering teams here.
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.