2020 iron and Steel China Yunnan Iron and Steel Industry Forum

On the afternoon of July 10, sponsored by Kunming Iron and Steel Co. , Ltd. , Wuhan Iron and Steel Group, Yunnan Yuxi Yukun Iron and Steel Group Co. , Ltd. , and Shanghai Ganglian Electronic Commerce Co. , Ltd. , hosted by Yunnan Qujing Steel Group Shuangyou Steel Co. , Ltd. , yunnan Yuxi Xianfu Steel Group Co. , Ltd. , Yunnan Qujing Chengcheng Steel Group Co. , Ltd. , Yunnan Qujing Steel Group Phoenix Steel Co. , Ltd. , Yunnan Desheng Steel Co. , Ltd. , yunnan Chubang Trading Co. , Ltd. , Yunnan Dedicated Steel Co. , Ltd. . Diamond sponsorship, daofa Natural Industry Yunnan Co. , Ltd. , Yunnan Ligang Economic and Trade Co. , Ltd. , Kunming Benchuang Economic and Trade Co. , Ltd. , Yunnan Shanghui Economic and Trade Co. , Ltd. , Yunnan Zhongneng Xinsheng Supply Chain Co. , Ltd. , Kunming Yuangang Trade Co. , Ltd. specially sponsored "2020 China Yunnan Iron and Steel Industry Summit Forum" held in Kunming Century Jinyuan Hotel. The atmosphere of the meeting was good, which attracted the majority of steel production enterprises, distributors, end users, logistics and futures companies in Yunnan, with nearly 500 participants. This meeting is presided over by Wei Bo, vice general manager of Shanghai Ganglian Steel Business Department. At the beginning of the meeting, the organizer Yunnan Yuxi Yukun Iron & Steel Group Co. , Ltd. . General Manager Xie Jinzhong, Wuhan Iron & STEEL GROUP KUNMING IRON & STEEL CO. , Ltd. ! Then, Professor Guo Shuhua, professor of the Faculty of Economics, Ljubljana and associate expert of the CPC Yunnan Provincial Committee, will give us a wonderful speech on the interpretation of the 2020 Macroeconomic Policy! Professor Guo believes that the current supply-side: industry, service industry to resume production drive economic growth rate turned positive. On the demand side: consumption is expected to recover from its low year-on-year growth, real estate investment growth may turn positive, exports and imports pick up year-on-year growth, and there is limited room for car consumption to strengthen further in the short term. Yunnan region, the current economic aggregate achieved a historic leap, the intensity of infrastructure construction unprecedented. Overall, the economy in the second half of 2020 will be able to fully stabilize the recovery, which also boosted everyone's confidence in the second half of the rich. Next, Shanghai Steel Union iron ore senior analyst Yu Chen brings us the theme for the second half of 2020 imported ore market opportunities and challenges of a wonderful speech! Yu Chen believes that iron ore prices in the first half of this year outperformed mainly because of a significant supply gap, while domestic pig iron production rose 1.6% from a year earlier in the january-may period, crude steel production rose 1.8% from a year earlier and ore demand increased. Since June, overseas supply has gradually improved, but the gap between supply and demand for the whole year is about 4.75 million tons. In the second half of the year, iron ore supply and demand are still in a tight balance. After that, Shanghai Ganglian Steel Department of Yunnan Province editor-in-chief Li Dacheng brought the theme for the review of Yunnan Construction Steel and outlook for the second half of the brilliant speech! He believes that the short-term weak demand in the off-season, weather effects and capital reasons, a sharp decline in trading volume, steel consumption in the off-season performance of significant differences. Steel mill profit space compression, high inventory before and after low. Short-term Oscillation around the range of 3700-4000 yuan / ton. Looking ahead to the second half of 2020, Yunnan capital construction investment will not decrease, with the epidemic impact becoming smaller and smaller, Yunnan real estate market gradually recovered, new capital construction as a new investment bright spot, the future can be expected. The second half of the low after high, is expected in the fourth quarter demand season, prices are expected to hit a new high for the year. Next, Zhou Lihua, editor-in-chief of the Yunnan Plate Division of Shanghai Ganglian Steel, will give us a keynote speech on the review of Yunnan Plate and the outlook for the second half of the year, she said that in the first quarter of this year, due to the impact of new production capacity in and around Yunnan, a small increase in supply, interregional price advantage weakened. With the second quarter, full resumption of production, demand improved, supply weakened, market prices strengthened substantially. Into the third quarter, short-term market prices rise or fall dilemma, mainly to narrow consolidation. At the meeting, we also presented the "2019-2020 Yunnan Province high-quality Engineering Service Enterprise" award. Wei Yingsong, director of Shanghai Steel Union Metal Industry Research Center, as the guest of honor, presented medals to the winning enterprises. Sentence is too long, please supply a shorter sentence. Finally, by the Shanghai Steel Union Metal Industry Research Center Director Wei Yingsong for everyone to bring the theme for the Stock Consumption Era to grasp the structural opportunities of the wonderful speech! Wei always think in recent years, China's economic structure has changed significantly, downstream especially the change of manufacturing industry has a greater impact on China's steel consumption, the current supply of steel industry in a Dome State, consumption is in a decline stage; However, the country's new infrastructure development still brings new opportunities to the market. I hope that after listening to General Wei's analysis today, you will be able to grasp the structural opportunities. The afternoon meeting came to a successful close, and then it was time for a pleasant dinner. This thank-you dinner is exclusively sponsored by Yunnan Qujing Steel Group Shuangyou Steel Co. , Ltd. . Finally, I would like to express my heartfelt thanks and best wishes to all the participants.