LDB will focus on helping develop the prompt physical Iron Ore market as well as broking an Iron Ore Swap based on CIF China Fines of 62% Fe. LDB have a dedicated team with varied experience, committed to seeing these products develop into a liquid, traded market.
With representatives based in Hong Kong, China, India and London, LDB will initially aim to establish liquidity in the prompt markets, our role being that of inter dealer brokers only. Acting as B team marketers and procurement specialists to the market, London Commodity Brokers will negotiate trade terms before concluding deals by matching counterparties.