- Overview
- Following the stimulus spending in both the U.S. and China through 2009 and 2010, the global economic recovery has been on a slow growth path with China having have to revise its 2012 GDP growth estimates to 7.5%, a fact that years of double-digit growth rate could not sustained due to uncertain and unpredictable exogenous factors; chiefly among are weak demand from Europe and the U.S. as well as problems inherent in China’s development model.
- Chinese steel industry largely operated below 80% capacity in H1, and although the US economy is slowly picking up, the declining risk still exists along with European debt crisis far from being resolved as evident from forecast that Spain and Italy would, at some point, would have to request for bailouts in order to maintain fiscal solvency in the next 24 months. And as emerging economies as represented by BRICS are also experiencing economic slowdown, refractory and abrasive materials market is not immune to vagaries of harsh economic climate.
- As silicon carbide has become the most sensitive product in nine raw materials which were indicted by the U.S. and European Union to WTO, and domestic producers and traders are waiting for final decision from Ministry of Commerce of China. New export policies will be announced by the end of 2012. How do enterprises respond to the policies? How do industry players and peers respond to the cancellation of Chinese export quota system in 2013?
- Photovoltaic industry is still in chilly winter, during which many PV enterprises have been forced to shut down and some gain new vitality with painful but necessary restructuring. How long could it take for green silicon carbide and powders enterprises to recover?
- Magnesia market is being affected by low operating rate in steel mills that have high stockpiles and are still being troubled by low price and high production costs. Economy is impacted by European debt crisis, and consumption for refractory and abrasive material decreases drastically. Magnesia market almost halted in the first half year, due to excessively large inventories purchased cheaply in late 2011. Exporters suggest postponing bidding for export quota in the second half of this year. Will government resort to resource and pollution tax measures in order to protect the most important raw material of refractories and resource?
- Brown fused alumina market has been on a downward trend from the second half of last year and with no indication the current trend would take a turnaround, which has led to most producers reducing operations to well below 50% capacity and, in most drastic course, shut down operations in the first half of this year. Costs on raw material and electricity power are too high to allow for reasonable margins. And as producers in Henan lost their competitive advantage of competing with producers in other regions, how will they continue the business in the future?
- Bauxite market keeps dull with stable price due to low consumption from steel and iron industry. WTO requests China to cancel export quota system, but how to protect the resource and improve the efficiency are questions need to consider. What will be the equilibrium point between environmental protection and international rules?
- Graphite flake demand keeps weak under the background of resource integration, while its application in new materials such as anode materials in lithium battery does not decline, but waits for the market to boost. Graphene, which was hyped exaggerated in the past, stimulates graphite flake market from time to time to the fluctuation in stock market. When will the strategic scarce resource market to see its boom?
- Asian Metal is inviting most influential and leading companies and counterparts from the industry from all around the world to discuss the above mentioned issues. The summit is designed to build an international platform of information exchange, cooperation for and among all the global producers, traders, consumers, research institutes, associations as well as financial organizations in a win-win situation.
- Highlights
- ♦Based on high-end meeting platform to create interactive show
- ♦Integrating industrial resources to promote multilateral cooperation and mutual win-win
- ♦Bringing together industry leading medias to highlight the performances of leading companies
- ♦Unscrambling the latest industry policies to hit the forefront of international market
- ♦Strongly inviting the professional buyers worldwide to build a high-quality sourcing platform
- Summit Publicity
- Publicity: The Organizing Committee makes good use of the database, customer networks, emails and information networks, print invitations and sends it to target people; contact target people by telephone and fax. Promotional materials will also be distributed in the professional exhibitions.
- Media: Column for the forum will be established in the website of leading and professional media. Journalists of television, newspapers, radio will also be invited to attend the forum and give complete press coverage on the form.
