China Steel Raw Materials & Fuels Summit 2017

Under the guidance of China Iron and Steel Association (CISA), the “China Steel Raw Materials & Fuels Summit 2017" is to be hosted by Custeel and co-organized by Shougang Group Shuicheng Steel and Umetal at Hyatt Regency Guiyang hotel in Guiyang, Guizhou Province, China, during Nov 1-3, 2017.

In 2017, developed economics and developing countries are recovering comprehensively with more balanced pattern and more powerful motivation of economic growth. Under the situation of booming economy all over the world, IMF predicted that the global economic growth will reach 3.5% in 2017. Promoted by the supply-side structural reform and the firm support of real estate industry, Chinese economy, in particular, has unexpectedly presented uptrend in stabilization. Thanks to the supply-side reform, ferrous commodities continue to force up prices, leading to a significant rise of steelmakers’ industry status and a 6 years’ high of industry profit.

While the global economic development is improving, it is also suffering from the worries about trade war. Financial risk is very likely to become a dominator and to threaten the sustainability of the global economic recovery in many ways. Nowadays, the debate about whether the Chinese economy and the world economy is short-term rebound or standing at the beginning of a new period still continues. Looking forward to 2018, will the global economy continue the strong recovery trend? Will the weak dollar come back again? How will Chinese economy go after the 19th National Congress? As the sales in the third and fourth tier cities weakened, will the negative effects of real estate regulation appear to impact the macro-economy?

Industry policy has become a core factor influencing iron and steel industry in recent years; under the backdrop that inferior quality steel elimination and de-capacity tasks have been gradually accomplished, what course will the related policies follow? Will environmental protection be put on the cusp? How long will the good profitability of steel industry last? Will a new rising period approach? What’s the supply-demand pattern of global iron ore market like in 2018? How much will the iron ore cost curve move down? Will the production resumption of China’s domestic iron ore mines peak? Will steel scrap continue to replace iron ore in part? Will coking coal and coke which are closely tied with environmental protection continue to see remarkable vibration? Will steel consumption turn weak again owing to shrinking export and regulation on property market? Will the shapely fluctuating futures market become a star financial method? How do steel and raw materials industries tackle the deepening of industry financialisation and the upsurging of OTC option?

The China Steel Raw Materials & Fuels Summit has been held for 10 sessions in a row and has become an annual highlight conference in iron and steel industry. Custeel will bring industry experts and elites together, discussing the future of the industry and mapping out the blueprint for 2018.

Looking forward to your presence at the International Steel and Minerals Conference 2017!