SteelGuru as official media partnership is proud to announce the ‘2009 China Steel International Trade Summit’ which is organized by CBI at Radisson Hotel Shanghai Hong Quan on September 9th to September 10th 2009.
China exported 60.52 million tonnes of steel in 2008 down by 12.4% YoY.
Export 2008 2007 Change
Semi Steels 1.29 6.43 -79.90%
Finished Steel Products 59.23 62.65 -5.50%
Total 60.52 69.08 -12.40%
Quantity in million tonnes
But 5 million tonne per month of finished steel product on an average by Chinese steelmakers resulted in trade actions by many countries. To restrict steel exports, Chinese government cancelled the steel export debate and even imposed export tax on some products, as a result of which Chinese steel exporters lost their advantages in competition. Chinese steel exports dropped by 65% YoY in H1 to 9.34 million tonnes in the first six months of 2009. In fact China eventually returned to being a net steel importing country in H1 of 2009.
On the other hand, driven by CNY 4 trillion stimuli by the Chinese government, its appetite for steel continues to increase. The Chinese steel sector continued expansion of capacity with new mills coming on stream and produced almost 50 million tonne of crude steel in June 2009, taking the total in H1 of 2009 to 266.583 million tonnes.
But the signs of overcapacity are clearly visible and it is anticipated that Chinese production is likely to surpass domestic demand in coming times. This scenario outlines the potential of restarting of steel exports by Chinese mills.
This could be of great interest to steel makers, trades as well as users as this is bound to affect their fortunes. Thus it is essential to get some cue for the following
1. What’s the future of China steel export and global steel market?
2. How will China's economy stimulus plan affect China steel industry and China steel export?
All these hotspots will be discussed at this upcoming ‘2009 China Steel International Trade Summit’.
In addition, one would be able to network with leading Chinese and global steel manufacturers and traders to explore new business partners find more business opportunities from China.
Conference fees
USD 1380 per delegate
Discount for SteelGuru readers
10% discount on registration fees
Special offers for Indian readers
SteelGuru is planning to organize a delegation, if desired number of registrations are achieved, wherein extra facilities like air tickets from New Delhi to Shanghai, airport transfer, excellent accommodation in Shanghai, interpretation services, visiting cards in Chinese language, special room for business discussion with Chinese steel exporters, plant visit, sight seeing and some other facilities would be provided at very reasonable charges.
For further details, please contact
Mr SD Pearson Chiru
Mobile: +91-9871403793
Phone: +91-124-4048993
Email: events@steelguru.com
Regards,
Editor
Steelguru.com
http://www.steelguru.com/news/index/2009/07/28/MTA0MDYw/Invitation_for_2009_China_Steel_International_Trade_Summit.html
