Steel industry conference line-up

As the holidays come to a close, so a new steel industry conference season line-up is beginning to emerge. Planned events in the coming months include:

9th International Stainless & Special Steel Summit
Tue 7 Sep 2010
Known as the world's leading gathering of high-level executives involved in stainless and special steels and their raw materials throughout the world, the annual conference

13th Central & Eastern European Steel Conference
Mon 13 Sep 2010
Now in its 13th year the Metal Bulletin Events' Central and Eastern European Steel Conference will once again promote dialogue between leading steel producers, purchasers and manufacturers. Meeting in the industry hub of Prague, this established event ...

McCloskey Steelmaking Raw Materials Conference 2010
Tue 28 Sep 2010
McCloskey look forward to seeing you at the Steel Making Raw Materials Conference 2010 in Hong Kong where we will debate the strategies required by producers ...

3rd South African Ferro-alloys Conference
Wed 29 Sep 2010
One of a kind, Metal Bulletin Events' South African Ferro Alloy Conference 2010 will for the 3rd time create the forum to discuss the future of one of the world's most important sources of alloying elements ...

SteelBB World Steel Raw Materials Conference 2010
Thu 30 Sep 2010
2010 is poised to be a landmark year for steel making raw materials - industry specialists from around the world will address SBB's inaugural Steel RMO conference, providing knowledge and insights into this radically changing landscape.

Powder Metallurgy 2010
Sun 10 Oct 2010
The World PM2010 Technical Programme will feature leading powder metallurgy presentations covering all aspects of the Powder Metallurgy Industry, including Metal Injection Moulding, Ferrous and Non-Ferrous components and materials. The parallel World PM2010 Exhibition will contain ...

CRU 4th North American Steel Conference
Mon 1 Nov 2010
The 4th North American Steel Conference will once again bring together consumers, steel mills, fabricators, service centers and financial analysts. The event presents a unique opportunity for delegates to meet and hear from senior-level representatives from companies involved in the North American steel market, both on the user and supplier-side. More than 250 high-level del...

14th Annual Met Coke World Summit
Mon 1 Nov 2010
The 14th annual Met Coke World Summit 2010 conference will feature an unparalleled line up of over 30 speakers to provide you with critical business intelligence needed to succeed in the dynamic coke, coal, and steel sectors. Taking place November 1-3, 2010 at the Omni William Penn Hotel in Pittsburgh ...

Fabtech 2010
Tue 2 Nov 2010
FABTECH is the largest event in North America dedicated to showcasing a full spectrum of metal forming, fabricating, tube & pipe, welding, and finishing equipment and technology. In 2010, the event returns for the first time in four years to the Southeast! More than 22,000 buyers and sellers from around the world will gather at Georgia's World Congress Center in Atlanta to...

ANKIROS 2010
Thu 11 Nov 2010
A four-day marathon of opportunity highlights the products and technologies associated with the whole supply chain of Eurasia's foundry and iron-steel production and processing industry at the 10th International Iron-Steel & Foundry Technology, Machinery and Products Trade Fair

26th International Ferro-alloys Conference
Sun 14 Nov 2010
Looking for new business in ferro-alloys? Metal Bulletin Events invite you to the 26th International Ferro-alloys Conference. The conference is the major fixture in the ferro-alloys calendar and represents a not-to-be-missed educational and networking opportunity

CRU 13th World Stainless Steel Conference
Tue 16 Nov 2010
What will you learn by attending the 13th World Stainless Steel conference in Paris? You will understand how the relationship between stocks and orders differs regionally; hear the latest trade data for stainless steel products; analyse the outlook in the seaborne stainless steel scrap market ...

Metalex 2010
Wed 24 Nov 2010
Located in the heart of ASEAN, the magnet of global foreign investment, METALEX sets future industrial trends in terms of policies, investment, and commercial developments; and has become the industrial icon that all industry professionals must participate in ....

8th Steel Success Strategies Conference
Mon 29 Nov 2010
It's been a turbulent time in world steel markets and the downturn has resulted in a number of new paradigms in global steel. Steel mills and producers, suppliers of raw materials, semi-finished products, end products, technology manufacturers, financiers, investors and service suppliers from Latin America, Canada, USA, Europe, Africa, India, China and Japan: The A-Z of the ...

14th Middle East Iron and Steel Conference
Mon 13 Dec 2010
Acknowledged as the largest and most important event on the regions calendar, Metal Bulletin Events' 14th Middle East Iron and Steel Conference will bring together leading steel producers, government officials, miners, traders and end-users ...

Full details of all leading steel sector conferences may always be found on our steel industry conferences page and on the Steelonthenet.com event list page.

blogger@steelonthenet.com

World stainless steel production 2009 - 2010

MEPS today report that global crude stainless steel production for 2009 turned out at 24.6 million tonnes, a fall of 5 percent compared with 2008.

MEPS also observe that total stainless steel output for the first quarter of 2010 will be around 7.5 million tonnes . This figure is a remarkable 54.6 percent higher than the outturn for the first three months 2009, which marked the low point of the recent downturn.

With corrections for stock levels, MEPS forecast for global stainless steel output in calendar year 2010 is ~28.5 million tonnes, which would exceed the previous record outturn, in 2006, by 0.3 million tonnes.

For further info, see MEPS' stainless report.

blogger@steelonthenet.com

2010 iron ore prices increase

It would seem that the iron ore price settlement this year will see a price increase of ~80-90% over 2009 price levels.

In a vociferous response, EUROFER today launched a bitter attack on the iron ore supply sector. A press release issued this morning [see http://www.steelonthenet.com/pdf/Eurofer_11-Mar-10.pdf ], stressed the outrage felt by the European steel industry at the proposed extent of the price increases.

'These increases come whilst the industry is still reeling from the effects of the most serious financial and economic crisis since the 1930s' said EUROFER. 'European Governments should be aware of the implications for the wider economy if these price increases become reality' it added.

blogger@steelonthenet.com

2010 iron ore price

Well, it looks like the benchmark 2010 iron ore price settlement will be somewhere near 30% above year 2009 price levels. That at least is the comment of http://au.news.yahoo.com/thewest/business/a/-/wa/6636140/soaring-spot-price-bring-cheers-for-iron-ore-miners/ according to the latest views from those in the know in China.

More news on this pricing topic as we hear …

blogger@steelonthenet.com

World steel prices: price recovery in the medium term

A few steel industry colleagues have been asking the www.steelonthenet.com team how we see world steel prices evolving in the medium term. In reply, looking the world economic picture as well as at probable raw material price developments, our assessment is that:

- steel prices will remain at H1 2009 levels for the next 6-9 months … meaning we see steel prices as essentially stable to Q2 2010;

- we then see prices recovering slowly. We predict a price recovery from Q2 2010 of perhaps 40% across the following two years [to mid-2012];

- we see further recovery of world steel prices to around 50-60% above Q2 2010 levels in 2013-2014.

This means therefore that (in our view) steel prices will take a little while [maybe 3 years or so] to recover to their end-2007 / early 2008 level, but that we do not foresee a return to the extraordinary prices levels of mid-2008 for some time.

blogger@steelonthenet.com

Steel prices at bottom of cycle ?

Flat product prices appear to be at or close to the bottom of the cycle. This is the latest view from Sheffield-based steel consultants MEPS. Recent price forecasts appear to have changed very little since April 2009. Whilst there is still some negative pressure on transaction values due to subdued demand and bloated inventories - and transaction values may slip a little further in June 2009 - steel prices should stabilise during the third quarter of 2009. Steel product prices are then forecast to start rising in the final quarter of this year, with further advances predicted early in 2010 as the world economic climate improves.

To read the full MEPS price report, visit http://www.worldsteelprices.com/news4.htm.

blogger@steelonthenet.com