Steel Market Meet
While finished steel exports stood at 3.461 million tonnes up by 6.5% YoY, steel imports stood at 6.798 million tonnes down by 7.9% YoY. Flat product imports accounted for almost 89% of total imports and longs were only 11%, but both declined YoY.
While steel imports from China surged by 77% YoY to 1.827 million tonnes accounting for 26% of total steel imports, Japan & Russia/Ukraine accounted for 12%, South Korea 11% and all balance countries at 39%.
YoY change in import volumes of various categories of flat products in 2010-11 also highlights changing pattern with HR, Plates and tin plate loosing and CR, HDG and electrical steel gaining ground. On the other hand while the total finished steel exports surged by 6%, HR, CR and coated products lost some ground.
With release of new capacities and further addition in coming times, the equation is likely to undergo further changes and there could be a chance of India turning into net exporter from being net importer in 2010-11.
Under this changing scenario, the whole supply chain starting from a steel mill, international trading house, agents, importers, logistic players are looking to find direction as well as new partners to enhance the prospects of global trade as international steel trade is driven primarily by relations.
Lastly, steel makers around the world are facing severe cost push with iron ore and coking coal prices remaining sky high, while the finished steel prices are subdued comparatively. With unrest in MENA region, severe tightening in China, grim outlook in US and debt issues in EU, the prospects for demand recovery look bleak great
The Steel Market Meet 2011 being organized by SteelGuru on October 14, 2011 in Mumbai, seeks to establish a platform that will bring together the main stakeholders in the steel import & export trade including overseas steel mills, trading houses, agents, importers & traders, users and logistic players, helping them to understand likely scenario, prospects and find new partners.
Mumbai Port with almost 3 million tonnes of imports accounted for almost 42% of total imports into India in 2010-11, Chennai 16%, Kandla 10% and all balance ports 32% thus making Mumbai as the preferred location for this meet.
Conference focus
1. Brief on steel scenario globally, China and India
2. Indian steel import and export scenario
3. Product capabilities of Indian producers vis a vis Chinese and CIS
4. Cost competitiveness of Indian steel
5. How and where will India sell considering demand conditions
6. Is supply chain geared up for exports
7. Steel pricing dynamics amid surging input costs including short term trends
Who should attend?
1. Overseas suppliers of steel (Steel mills and Trading houses)
2. Steel importers
3. Agents for steel import
4. Indian steel makers
5. Steel buyers
6. Players in logistics
7. Financial institutes and banks
8. Analysts and consultants
For further enquiry please Email :SMM@globalbusinessconnect.org or Call : +91 124 4048993
While steel imports from China surged by 77% YoY to 1.827 million tonnes accounting for 26% of total steel imports, Japan & Russia/Ukraine accounted for 12%, South Korea 11% and all balance countries at 39%.
YoY change in import volumes of various categories of flat products in 2010-11 also highlights changing pattern with HR, Plates and tin plate loosing and CR, HDG and electrical steel gaining ground. On the other hand while the total finished steel exports surged by 6%, HR, CR and coated products lost some ground.
With release of new capacities and further addition in coming times, the equation is likely to undergo further changes and there could be a chance of India turning into net exporter from being net importer in 2010-11.
Under this changing scenario, the whole supply chain starting from a steel mill, international trading house, agents, importers, logistic players are looking to find direction as well as new partners to enhance the prospects of global trade as international steel trade is driven primarily by relations.
Lastly, steel makers around the world are facing severe cost push with iron ore and coking coal prices remaining sky high, while the finished steel prices are subdued comparatively. With unrest in MENA region, severe tightening in China, grim outlook in US and debt issues in EU, the prospects for demand recovery look bleak great
The Steel Market Meet 2011 being organized by SteelGuru on October 14, 2011 in Mumbai, seeks to establish a platform that will bring together the main stakeholders in the steel import & export trade including overseas steel mills, trading houses, agents, importers & traders, users and logistic players, helping them to understand likely scenario, prospects and find new partners.
Mumbai Port with almost 3 million tonnes of imports accounted for almost 42% of total imports into India in 2010-11, Chennai 16%, Kandla 10% and all balance ports 32% thus making Mumbai as the preferred location for this meet.
Conference focus
1. Brief on steel scenario globally, China and India
2. Indian steel import and export scenario
3. Product capabilities of Indian producers vis a vis Chinese and CIS
4. Cost competitiveness of Indian steel
5. How and where will India sell considering demand conditions
6. Is supply chain geared up for exports
7. Steel pricing dynamics amid surging input costs including short term trends
Who should attend?
1. Overseas suppliers of steel (Steel mills and Trading houses)
2. Steel importers
3. Agents for steel import
4. Indian steel makers
5. Steel buyers
6. Players in logistics
7. Financial institutes and banks
8. Analysts and consultants
For further enquiry please Email :SMM@globalbusinessconnect.org or Call : +91 124 4048993
