SBB Steel Focus China 2009 (SFC09)
Venue: Crowne Plaza Shanghai
|Event Date/Time: Apr 21, 2009||End Date/Time: Apr 21, 2009|
|Registration Date: Apr 20, 2009|
|Early Registration Date: Mar 13, 2009|
Yet Chinese mills remain cautiously optimistic. A recent Steel Business Briefing Survey of 24 of Chinaâ€™s top steel mills found an industry ready for both the challenges and opportunities that lay ahead. The Survey found that:
50% anticipate a drop in 2009 steel demand
75% expect benefits to flow from Beijingâ€™s economic stimulus package by Q3 this year
38% envisage that steel prices will rise by +10% this year
66% expect exports to fall while most small mills expect no change
36% say they will cope with the downturn by adjusting their product mix
Mills are relying on falling raw materials prices to provide greater margins
Mills want Beijing to do more to help them cope with the downturn and stimulate end user demand.
Join us for SBBâ€™s one-day Steel Focus China 2009 conference in Shanghai on 21 April to learn how the Chinese steel industry views the domestic and global steel market this year, and the strategies the sector is adopting to seize any opportunity that the changing market circumstances may offer.