December 02, 2008

2008 China Steel International Trade Summit

CBI China is organizing “2008 China Steel International Trade Summit” on September 23rd to 25th 2008 at Asia Hotel Beijing China.

Domestic steel market has adjusted itself to the new tariff rate after the first tough quarter. The second quarter sees the export rebound to a steadily increasing phase. However, a flood of severe events from home and abroad tosses the steel export market into another round of uncertainty during the next half of the year.

A series of important events such the earthquake in Wenchuan and the upcoming Olympic Games greatly affect the supply and demand balance. As the most important steel exporter, China’s export quantity will be thereby affected. Steel export will warm up again considering the yawing price gap between home and abroad as the global market is faced with steel shortage.

It is absolutely that the supply and demand unbalance will be a sure common concern for the global steel market in the second half of 2008.

Export policy will possibly be further adjusted; the tighter monetary policy will be publicized; global demand for steel is increasing steadily; the economic downturn in EU and US effects on global market; trade protectionism invites trade fraction; the reconstruction plan in the quake devastated Wenchuan, the producing cut during the 2008 Olympic Game.

All the above issues will be thoroughly discussed in “2008 China Steel International Trade Summit”.

To know more about conference, please send a mail at events@steelguru.com