This is the operating version of the platform.
If you would like to see how the demonstration platform works first, please follow the link.
You can also read the introduction to the platform in the User manual by clicking on the “Get started” button below.
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 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.
Demo version is currently available and Going Live is expected in H2 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 QRead more.
After a decent price increase in September, Baosteeel has rolled-over FeCr Bidding for October 2023Read more.
Brief overview of Ferrochrome Pricing Mechanisms and advantages of SoftMetal, that it provides for market of complex metalsRead more.
Ferrochrome and Ferroalloys market development through volatile 2023 and beyondRead more.
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.
Why market liquidity, transparency and confidentiality are important for complex metals markets and how SoftMetal can significantly improve those important aspects of the market.Read more.
While price for ferrochrome remains on a high level, there was no indication of new projects or investments. Another commodity saw inflow of investments and went from "undersupply" to "oversupply". What is that commodity and how it is similar to ferrochrome find in a link below.Read more.
Alloys and some metals, including ferrochrome have many varieties to consider during market negotiations. Different grades and subgrades, puzzling indexes and definitions make price discovery challenging.Read more.
SoftMetal is a powerful auction-exchange platform that allows multi-element metals, starting with ferrochrome to be bought and sold via secure trading. In a competitive landscape, the platform will provide you with rapid price discovery and a transparent spot price for ferrochrome.Read more.
Chromium and its alloys – market development through 2022 volatile recovery to sustainable future growth, a view from our major shareholder.Read more.
Would exchange work for ferrochromium market? Strictly speaking not due to complexity of different parameters of the product. But this market requires improvement to its functionality in order to provide both producers and consumer with guidance for further development. Find more about a solution with functionalities far beyond of what classical exchange algorithm can offer, while ensuring similar level of transparency and provability and clearly reflecting supply/demand balance.Read more.
During 2021 global FeCr prices rose to the record levels (last seen in 2008), led in H1 2021 by China and followed quickly by the market in the RoW. By the end of H2 a risk of market correction became visible. Indeed it has corrected in China during November December, but now is on an upside move again. How will other FeCr markets react and what factors could determine market direction in the near-term?Read more.