SteelGuru as official media is proud to present China Steel Summit 2009 which is organized by CBI China on November 12-13 2009 at Marriott Beijing North East Hotel, China.
Event Feature
1. China rooted, global impact
2. Dissecting challenges, finding opportunities
3. Promoting cooperation, developing together
Rebound
China steel price continued to fall down since 2008. As the effects of industry revitalizing plan, the steel price begin to rebound at the beginning of the second half of 2009.
Effect
At the very beginning of 2009, China government carried out the ‘4 Trillion Yuan Economic Stimulus Plan’ & ‘10 major industries revitalizing plan’, the steel industry became one of the major beneficiaries. As the policies effects works in the second half, the building materials, such as rebar, become the market focus
Revitalization
As the effect of the industry revitalization plan, China automobile market is blooming up. It is expected that more affective measures will be carried out in 2010. China steel industry is also expected to achieve a greater success then.
