SoftMetal Demo Platform
This is a demo version. None of the deals concluded on the platform will lead to an obligation nor a commitment from your side or your counterparts.
Platform News
SoftMetal added FeSi and FeMn
Today, SoftMetal added FeSi and FeMn in addition to FeCr to the live version of the platform. Now market participants can extend their portfolio and enjoy all the benefits SoftMetal provides
Access World Terminals B.V. has joined SoftMetal
As of July 10th, 2024, Access World Terminals B.V. has joined as a registered warehouse on SoftMetal. Now, our current and potential clients can put material stored with Access World in Norther Europe on offer on SoftMetal, sell/buy/trade or deenferumize and deliver to their customers.
Read more.Fastmarkets 39th International Ferroalloys 2023 Conference
Productive days at Fastmarkets 39th International Ferroalloys 2023 Conference in Prague. We are greatful to our partners for constructive and beneficial meetings, opportunity to make introduction to SoftMetal, and to explain all the functionalities and innovations it provides for alloys market. Let's stay in touch and hope to see even more participants during the future conferences.
Read more.First deal on SoftMetal
We are excited to announce that the first deal on SoftMetal was concluded for Low Grade High Carbon Ferrochrome (Cr content between 60-65%). Traded in a confidential and secure environment and with third party clearing & settlement. A digitized warehouse lot (ENFERUM) was on offer on the exchange on Thursday and was sold on Friday. Matched last Friday, it was consequently settled - paid and released for shipment - on Monday. Today a truck of FeCr is being loaded at the warehouse! The trade was executed and settled with the help of payment solution provider Vistra Escrow and Payment Services B.V and warehousing partner Euro-Rijn. This is a truly innovative transformation of trading and delivering metal and provides for truly supply and demand driven price discovery.
The Future of Computing is.. Confidential
Learn more about technology SoftMetal uses, numerous applications of this technology, not only for complex metals markets, but also for central banks. According to Forbes Confidential Computing is expected to have a significant impact on businesses and a good example of its use case is SoftMetal.
Read more.SOFTMETAL – A smartphone in the world of metal market communications
SoftMetal brings advantages of exchange without being an exchange. It gives a tool for liquidity and market price discovery at the market of alloys and products with variable qualities and multicomponent evaluation nature. Instead of replicating an exchange on the market where method of standardized auction doesn’t fit, it gives a way to achieve even more, with similar level of confidence based on synergy of modern economical science and technological achievements. SoftMetal is not an exchange, while it gives to its customers all exchange advantages, it’s not a crypto or token project, while it contains all advantages of both approaches, neither it is an online shop, it is re-melt of all advantages as stainless steel is an alloy of iron, chrome and nickel. Like stainless steel is a unique alloy of iron, chrome and nickel, SoftMetal is a re-melt of technology and methods developed by exchanges, token platforms, physical commodities trade best practices and modern auction theory study. But it is as different from its prototypes as smartphone compared to push-button phone attached to tv antenna by a piece of duct tape.
Read more.Corporate Update
Demo version is currently available and Going Live is expected in H2 2023
Market Updates
European Quarterly Benchmark for Q4 2023
Merafe Resources (a 20.5% FeCr joint with venture with Glencore in South Africa) has announced European Quarterly Benchmark for Q4 2023, which has been increased to 1.53 USD per lb/cr, or up by 1.32% Q vs Q
Read more.Baosteel has rolled-over high-carbon ferrochrome Bidding Price for October 2023
After a decent price increase in September, Baosteeel has rolled-over FeCr Bidding for October 2023
Read more.Articles
SoftMetal and arbitrage opportunity
Arbitrage opportunity is one of the fundamentals of commodity trading. Unfortunately, it rarely occurs in the ferroalloys market, due to difficulty with price discovery. Learn about the latest examples of arbitrage opportunities in the ferroalloys market and how SoftMetal can provide its users with the ability to attain it.
Read more.Oriental Express part 2: Chromium Ore is the last to fall
One of the chrome related metals shows a strong price level support, while also experiencing similar pricing drawbacks. To learn about this metal and how it price compares to its peers, follow the link below:
Read more.Oriental Express: FeCr export from India and China into developed markets
Export development for FeCr from India and China over the last few years
Read more.Handicaped in heaven
Understanding supply/demand balance as well as market dynamics has become even more complicated and complex.
Read more.Farewell to EQB
Merafe Resources has officially announced discontinuation of publishing its European Quarterly FeCr Benchmark (EQB), one of the leading indicators for FeCr market in Europe and globally for decades.
Read more.Ferrochrome market Overview and SoftMetal advatanges
Brief overview of Ferrochrome Pricing Mechanisms and advantages of SoftMetal, that it provides for market of complex metals
Read more.UNICHROME AG Presentation at 24th International Chrome & Nickel & Stainless Steel & New Energy Forum in Nanjing, China on September 13-15, 2023
Ferrochrome and Ferroalloys market development through volatile 2023 and beyond
Read more.Why SoftMetal will be a useful trading tool for alloys metals market
With approaching launch of SoftMetal, we would like to give an overview of what benefits it will bring to the market especially to ferrochromium, ferroalloys, and other metals and ores.
Read more.
Fair value for
complex metals