Ferroalloy Market Players Need to Pull Together in Times of Hardship

  • Monday, June 3, 2013
  • Source:

  • Keywords:ferroalloy, coenference
[Fellow]

[Ferro-Alloys.com] 2013 is a tough year to almost every one. However, we believe only the hardship may test our capability, our resistance and our strength and only having gone through the great storms can we go farther in the future. 

 
The Chinese economy is weak according to the forecast of some institutions. Under this condition, ferroalloy industry is certainly unable to escape from the hardship. Although the industry bottomed up in the end of 2012 after the downturn in almost the whole year, it went down again in 2H of February 2013. Market players were very pessimistic on the industry as price of ferroalloy products dropped and industry profit shrank. As enterprises handlers, they should open their minds and insure the smooth information channels in order to search more opportunities.
 
Under the condition, the 10th China Ferro-Alloys International Conference held on May 29-31, 2013 in Shanghai Longemont Hotel. Hosted by CCCMC and FERRO-ALLOYS.COM, the conference was also sponsored by OM materials (Qinzhou) Co., Ltd, Shanghai Jinneng International Trade Co., ltd and Shijiazhuang Sanhuan Manganese & Silicon and so on. In the conference, officers and experts from government, institutes and large enterprises were invited to make wonderful speeches on topics of Macro-economy, steel and ferroalloy industry trend, and opportunities and challenges of the industries, which greatly helped delegates to judge the industry future and optimize the enterprise strategy.

 

1Open Ceremony by Hosts–Mr. Chen Feng, Chairman of CCCMC

2. Open Ceremony by Hosts–Mr. Liu Zhengzhi, GM of ferro-alloys.com

 

3. Open Ceremony by Sponsor—Mr, Chen Xiaodong, Vice general manager of OM Materials (Qinzhou) Co., Ltd

Mr. Liu Yi Nan, Vice Chairman of CCCMC Directed the Conference in the morning of May 30th

4. 2013 Chinese Industrial Situation—Mr. Xiao Chunquan, director of Economic Bureau of Ministry of Industry and Information Technology

 

5. 2013 China's Foreign Trade Situation-- Ms. Jiang Fan, Deputy Director of Foreign Trade Division, Ministry of Commerce, China

 

6. Custom Clearance Convenience & Customs Valuation of Ferroalloys-- Mr. Gao Ruifeng, Deputy inspector of Tariff Department of General Administration of Customs 

 

7. 2013 China Ferro-alloys Import and Export Outlook—Mr. Lin Zhitong from CCCMC

 

8. Ferroalloy Consumption in Foundry Industry in 2013—Mr. Song Liang Secretary General of China Foundry Association

9. 2013 China Ferroalloy Industry outlook-- Ms. Jiang Yitao, Senior Analyst of Ferro-Alloys.com

 

10. Dialogue Panel between Steel and Ferroalloy Producers

11. The Special 10-year Anniversary of China Ferro-Alloys International Conference

 

Presentation by Mr. Liu Yi Nan, Vice Chairman of CCCMC

Presentation by Mr. Jacob from the company Finnfjord

Presentation by Mr. Cheng Bin, GM of Shanghai Jinneng International Trade Co., Ltd

Presentation by Mr. Liu Zhengzhi, GM of Ferro-alloys.com

12. China Stainless Steel Industry Situation and Development—Mr. Li Long, President of China Metal Materials Circulation Association Stainless Steel Branch
 

13. Chinese Manganese Market Forecast in late 2013-- Mr. Wang Yue, General Manager of Shanghai Jinneng Resource Co., Ltd

14. Chances and Challenges of Chinese Ferrosilicon Industry-- Mr. Xue Yongliang, President of Erdos Metallurgy Group

15. China Tungsten Industry Development and Application Prospect—Mr. Zhu Xiusheng, Chief Economist of Jiangxi Rare Earth and Rare Metals Tungsten Group

16. Chinas FeNi Industry: Struggling in Extremity in 2013—Mr. Li Qiang, Vice President of Shanghai Jinneng Resources Co. LTD

 

17. 2013 GLOBAL CHROME MARKET PROSPECT—Mr. Cao Wenquan, from Beijing Branch of EtiKrom

18. Live photos in the conference

 

 

Finally, Mr. Liu Zhengzhi, GM of www.ferro-alloys.com again showed the great thanks to the delegates, the honored speakers and the sponsors and then made the conclusion on the conference as the followings:
 
Firstly, there were no optimistic indication for the Chinese Macro-economy for the moment, however, the steel and ferroalloy industry will keep stable growth in the future.
 
Secondly, the export tariff of the Chinese ferroalloy products won’t be removed or reduced in the near future under the in opinion of the officers.
 
Thirdly, the RMB appreciation is speeding up, leading to more risks and more difficulties for traders.
 
Fourthly, the competition of ferroalloy export will be more extreme and the ferroalloy smuggles will feaze the market all the same, leading to the continuous drop of legal ferroalloy export.
 
Lastly, profit of steel and ferroalloy industry keeps narrow, and the market may be bottomed up slightly in 2H of 2013. Demands of the Chrome, Nickel and Manganese alloys will be probably driven up especially due to the development of Stainless steel.
 
Mr. Liu Zhengzhi also showed his expectation on the industry. He called on the enterprises to safeguard the market order together,  avoid from the falsification and reject smuggles in order to make the ferroalloy industry develop smoothly.

Live Photos

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