SoftMetal statistics
Turnover YTD
0 MT
In Trade
0 MT
Enferumized
0 MT
Delivered
0 MT
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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
Fair value for
complex metals