Date : Wednesday, 24 May 2023

: Sands Expo and Convention Centre, Level 4 Simpor Junior Ballroom
Marina Bay Sands Singapore, 10 Bayfront Ave, Singapore 018956

Wednesday, 24 May 2023

Sands Expo and Convention Centre, Level 4 Simpor Junior Ballroom
Marina Bay Sands Singapore, 10 Bayfront Ave, Singapore 018956

About Singapore Iron Ore Forum

As the flagship event of Singapore International Ferrous Week (SIFW), (formerly known as Singapore Iron Ore Week) the Singapore Iron Ore Forum (SIOF) promises high-profile engagements from top business leaders and global industry experts. Offering an in-depth agenda, SIOF addresses the industry’s most pressing issues, and unparalleled insights into global trends shaping the iron ore sector in an increasingly multipolar world fraught with rising geopolitical tensions. With sessions delivered by compelling speakers who deliver fresh perspectives, SIOF is your destination to connect with and define the future of the industry.

Singapore Iron Ore Forum 2023


Corporate Group

S$ 840 Group of 4 and above
Before 19 May 2023

Early Bird

S$ 1020
Before 14 May 2023


S$ 1200
From 15 May 2023

Bundle Package A

S$ 2200 (before GST)
Until 19 May 2023
  • Access to Singapore Green Steel Forum (23 May) and Singapore Iron Ore Forum (24 May)
  • Complimentary access to SIFW Opening Plenary (23 May)

Bundle Package B

SGSF* & Gala Dinner* + SIOF
S$ 2500 (before GST)
Until 19 May 2023
  • Access to Singapore Green Steel Forum (23 May), Gala Dinner (23 May) and Singapore Iron Ore Forum (24 May)
  • Complimentary access to SIFW Opening Plenary (23 May)





8:00 AM - 8:45 AM


8:45 AM - 8:50 AM

Emcee Introduction

8:50 AM - 9:00 AM

Chairperson’s Welcome Remarks

Keith Tan
Associate Regional Director, Asia Metals Pricing
S&P Global Commodity Insights

Session 1: Key Components – Iron Ore Outlook

9:00 AM - 9:25 AM

Fireside Discussion: Economics

  • Overview of global economy amid financial and geopolitical upheaval
  • Mid- to long-term outlook on key industrial and consuming sectors

Rohan Somwanshi
Managing Editor, Global Agriculture and Asia Metals News
S&P Global Commodity Insights

Vishrut Rana
S&P Global Ratings

9:25 AM - 9:50 AM

Iron Ore: A Market in Search of a New Normal Amid Major Changes

  • Changes in market structure and trading patterns in the seaborne iron ore market
  • Price volatility as a new normal
  • How market is adapting to latest changes in iron ore pricing evolution

Niki Wang
Managing Editor, Iron Ore
S&P Global Commodity Insights

Session 2: Addressing Uncertainty Along the Supply Chain

9:50 AM - 10:15 AM

Mining Keynote: Finding Better Ways to Resource Steel Decarbonisation

  • Iron ore market trends and dynamics
  • Pilbara as part of the decarbonisation story
  • Customer-centric partnerships: How to move forward together

Paul Bartholomew
Senior Metals Analyst
S&P Global Commodity Insights

Antoine de Corbière
Senior Vice President, Iron Ore Commercial
Rio Tinto

10:15 AM - 10:45 AM

Networking Coffee Break

10:45 AM - 11:10 AM

Mining Keynote: Mining Companies' Decarbonisation Framework and Key Milestones in 2023

  • Impact of sustainability considerations on mining costs
  • Deep dive into Anglo American's decarbonisation strategy

Eric Su
Global Price Group Partner, Metals
S&P Global Commodity Insights

Timo Smit
Executive Head of Marketing (Iron Ore)
Anglo American

Session 3: What’s Next For the Industry?

11:10 AM - 11:35 AM

Fireside Chat: Financialisation of Iron Ore

  • Key developments in iron ore derivatives in the past year
  • What do we need to be aware of with the iron ore financialisation?
  • How do data and digitalisation support trading?

Karen McBeth
Director, Metals Global Engagement and Intelligence
S&P Global Commodity Insights

CJ Zhang
Theme International Trading

11:35 AM - 12:00 PM

Iron Ore’s Growing Appeal: Investor Participation and Market Development

Brian D. Luke
Head of Commodities & Real Assets
S&P Dow Jones Indices

12:00 PM - 12:45 PM

Panel Debate – Perspectives From the Region: The Future of Iron Ore

  • How will the Paris goals affect the iron ore market?
  • Will iron ore continue to gain investor interest from the global market?
  • How will the ESG goals impact the asset prices and eventually, iron ore prices?
  • Is DRI/HBI the potential solution for decarbonisation?

Neil J Bristow
HW Consulting

Lionel Herzberg
Vice President - Commodities

Phillip Killicoat
Commodity Trader
Goldman Sachs

Michael Willoughby
Global Head, Metals, Mining and Transition Metals

12:45 PM - 12:49 PM

Chairperson’s Morning Closing Remarks

Keith Tan
Associate Regional Director, Asia Metals Pricing
S&P Global Commodity Insights

12:49 PM - 12:50 PM

Emcee Wrap Up of Morning Session

12:50 PM - 2:00 PM

Networking Lunch

Afternoon Session

2:00 PM - 2:15 PM

 Welcome Remarks

Raju Daswani

2:15 PM - 2:30 PM

Keynote Executive Speech

Eduardo Mello Franco
Marketing Manager, Pricing Iron Ore

2:30 PM - 2:50 PM

The Chinese Iron Ore Market

  • Analysis of demand and trends in the iron ore market by Chinese steel mills.
  • China steel industry's environmental protection and carbon neutrality/carbon peak plan - impact on iron ore imports and trade
  • How steel mills can optimize procurement and supply chain management to cope with iron ore price fluctuation
  • Cooperation between mines and mills - improving procurement contracts, supply chain management, and technology to stabilize long-term agreements

Alice Shen
Deputy General Manager
Shagang International (Singapore) PTE.LTD.

2:50 PM - 3:05 PM

Iron Ore in Flux – Price Movers in the High-grade Iron Ore Concentrates and Pellet Market in 2023

  • Price trends in Fastmarkets’ iron ore MB66 concentrate index over 2022
  • Various price influencers in 2022 and market movers to watch for in 2023
  • Price trends in Fastmarkets’ pellet premium and pellet index 2022
  • Fastmarkets 67.5% Fe pellet feed premium index and liquidity

Jane Fan
Index Manager

3:05 PM - 3:20 PM

Networking Coffee Break

3:20 PM - 4:20 PM

Panel Discussion – “Green Iron Ore”: Direct-charge Material Technologies and Changes to Iron Ore Trade Flows

  • Changes in iron ore mining and production – how will this support the concept of green iron ore?
  • Can the agglomeration of low-grade fines take off in a big way?
  • Iron ore demand and supply changes from Australia, Brazil and rest of the world in relation to DRI production hotspots planned by the steel industry
  • Disruptions to current trade flows – how will the need for high-grade pellet-feed concentrates redraw the global trading map?
  • How quickly are mills reacting to the possible rise of direct-charge materials and how will their processes change?
  • The environmental impact of iron ore mining and production, and how it relates to the concept of green iron ore
  • The potential benefits of green iron ore for companies, including improved reputation and increased market demand, as well as the potential challenges and barriers to widespread adoption
  • The role of governments and regulatory bodies in promoting and incentivising the development of green iron ore, including policies related to renewable energy, sustainable mining practices, and emissions reductions

Paul Lim
Regional Editor, Steelmaking Raw Materials, Steel & Ferroalloys

Ebrahim Dadoo
Head of Sales and Physical Trading, Iron Ore
Anglo American

Sun Gongxiu
Deputy Director of Procurement
Tianjin Jianlong Iron and Steel Industry Co.,Ltd

Renato Hendriksen
Head of Market Intelligence

Aurelia Waltham
Macquarie Group

Parizat Pandey
Director of Product Group Direct Reduced Iron
Metso Outotec

4:20 PM - 4:45 PM

Scrap and iron ore, competitors or complimentary?

  • How are steelmaking margins for blast furnaces performing compared with those for electric arc furnaces in Asia?
  • Has there been a noticeable trend to increase scrap use at blast furnaces in Asia over the recent year?
  • With decarbonisation goals becoming more important in nations such as Japan and South Korea, is there any risk that scrap consumption could begin to cannibalize iron ore demand in the Asian region?
  • How will the looming rise of blast furnaces in Southeast Asia affect scrap?
  • Which key markets are expected to see growth in scrap consumption over the next decade? Are these in line with iron ore growth increases too, or is there variation between expected consumption of these two alternative feedstocks?

Alex Kershaw
Senior Analyst

4:45 PM - 5:30 PM

Panel Discussion: Challenges and Opportunities: Exploring the Future Development of the Iron Ore Derivatives Market

  • State of play in the Chinese property/infrastructure market – Fe demand outlook
  • Outlook on steel mill utilisation and how is Fe supply expected to respond?
  • As a macro proxy for China’s growth, Fe has been one of the best performing commodities since COVID restrictions ended. Will the trend continue?
  • Views on Fe prices/volatility, 65-62 Fe spread and steel mill margin and the use of derivatives (futures vs options and which part of the curve) to express those views and manage risks
  • How should we look at potential arbitrage opportunities between SGX-DCE and between Fe and the other commodities?
  • Seaborne Fe paper market is today, 2 times the size of the physical market, but still very small compared to the other global commodities
  • What more can we do to accelerate the growth of the seaborne paper market and attract more participants to the market?

Tee Yong Tan
Director, FICC
SGX Group

William Lee
General Manager
Xiamen ITG Mining Resources Co., Ltd & Fujian Sansteel International Trade Co., Ltd

Shawn Teo
Head of Trading and General Manager, Iron Ore Division
Mitsubishi Corporation RtM International

Abhishek Dalmia
Head of Asia Commodities Trading
Bank of America

Kevin Yu

Jane Fan
Index Manager

5:30 PM - 5:35 PM

Emcee Wrap up for SIOF 2023