Founded in 2012 by global industry leaders from the mining, steel manufacturing and physical commodities trading sectors – including Baosteel, BHP, China Minmetals, Glencore, Rio Tinto, Vale and Valin Steel – globalORE is the leading multilateral digital over-the-counter B2B marketplace for physical iron ore trading and price discovery.
Built by industry for industry, 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, data generated by our marketplace underpins some of today’s most widely referenced north Asian commodity pricing benchmarks.