SteelMint Events

Tag: Coronavirus Pandemic

What is Driving Chinese Steel Demand, How Long Will it Continue?
Connect with us on Friday, 11th Sept, 12:30 PM (IST), 3:00 PM (Singapore time), 11:00 AM (Dubai time) as we gain insights from our panellists to understand the effect of COVID-19 on the Iron & Steel Industry.

Panellists :
- Mr Liu Biao, Deputy Director – Marketing, China Iron & Steel Association, China
- Ms Hongmei Li, Head Of Content, Mysteel Global, Singapore
- Ms Victoria Zou, English Editor, Mysteel Global, China
- Mr Andrew Glass, Founder & Managing Director, Avatar Commodities, Singapore
- Ms Madhumita Mookerji, Editor, Steel 360, India
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An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

According to July’s custom data, China’s iron ore imports have surged up by 24% making it a record from a year earlier. This is driven by shipments from miners and buoyant demand as the economy bounced back after disruptions from the coronavirus pandemic. China steel output is set to rise by 4%, rupturing 1 Billion MT for the first time. How has China’s steel production and demand managed to stay ahead during these unprecedented times when the rest of the world is still recovering from the COVID-19 hit?

Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Steel market. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Iron & Steel market landscape.

Let’s explore the viewpoints from influencers in the market and learn the various opportunities this new normal presents.

Key points of discussion:
- What is driving Steel Imports to China, how long it may continue?
- What is changing the daily business operations globally?
- Prospects for Iron & Steel market in terms of Hedging & Trading
- Indian steel exports at an all-time high, what is the future outlook?
- What new businesses have been triggered globally and will it benefit steel or not?
September 8, 2020
Post-Lockdown: Perils and Opportunities
With the easing of lockdown, how has the scenario changed for the steel industry in India and overseas? Where are the opportunities and challenges at this juncture? The government has also announced a slew of measures. How will steel benefit from these? How will the recovery trend look like? Will it be longs-driven? We catch up with Tata Steel Limited to get a clearer picture.

Join us live on Thursday, July 16, 4 pm (IST), 6:30 PM (Singapore time), 2:30 PM (Dubai time) as we interview Mr Peeyush Gupta, Vice President (Marketing & Sales), Tata Steel Limited & Chairman, NatSteel Asia & TS Thailand plc, to understand the group’s plans for the future against the pandemic outbreak.

At 18.21 million tonnes, Tata Steel India was the largest domestic crude steel producer in 2019-20. This growth was led by a ramp-up of Tata Steel BSL and acquisition of Usha Martin’s steel business by Tata Steel Long Products last calendar.

Tata Steel India, during FY20, also posted its best-ever annual sales, although Q1FY21 sales and production were lower y-o-y and q-o-q. Tata Steel is currently the world’s second-most geographically-diversified steel producer and one of the few steel operations that are fully integrated – from mining to manufacturing and marketing of finished products.

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Key points of discussion:
- The COVID-19 effect on steel demand & consumption in India
- What kind of recovery is expected in H2 FY21?
- Impact of the auto sector slowdown on steel
- Strategies needed to increase steel consumption in India
July 13, 2020
Status of Indian Iron Ore Mines Post Auctions
Odisha’s iron ore mining industry is undergoing a turnaround. On one side, the auctioned mining leases whose tenure lapsed on 31 Mar’20, have stopped production as per MMDR Amendment Act. While on the other side, despite the Centre extending the validity of all statutory approvals of the mines by two years, they are yet to recommence production as statutory clearances and paperwork got delayed in the wake of COVID-19 outbreak. As an outcome, the state’s iron ore production fell by 56% m-o-m in Apr’20.

The key bidders are hopeful to start mining from Jul’20. Let’s get insights from industry stalwarts on the current scenario, estimated production impact and the way forward.

Date & Time:

July 2, Thursday at 4:00 PM (IST), 6:30 PM (Singapore time), 2:30 PM (Dubai time)

Panellists:
- Dr Umesh Chandra Jena, Joint Director of Mines, Govt. of Odisha, India
- Mr Kapil Mantri, Head- Corporate Strategy & Business Development, JSPL, India
- Advocate Anand Varma, Managing Partner, Apt Legal, India
- Ms Nishtha Mukerjee, Head of Research, SteelMint, India
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Key points of discussion:
- Current scenario of Odisha’s iron ore mining industry
- Operational mines as of now which are active in the merchant market
- Status of MDPA execution and upfront payments
- Effect on the transition of machinery & change of hands
- Impact on production considering the effect of monsoons
- Outlook on the resumption of activities of the auctioned leases
- Will low-grade iron ore fines export volumes get impacted?
June 29, 2020
Unlocking Steel Opportunities Post Covid-19 Lockdown

The tête-à-tête with Mr Pradosh Kumar Rath, Chairman-cum-MD of RINL explores the current situation in the domestic steel industry now that the Covid-19 lockdown is being eased in the country and how soon can demand return for mills to tap into those opportunities.

The conversation also revolves around RINL’s takeaways from the pandemic, its future plans in terms of investments, exports, serving the domestic market, and its targets in these challenging times.

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June 15, 2020
How South Asian Steel Industries are Coping with the Lockdown Challenge and the Way Forward
Steelmakers in Pakistan, Bangladesh and India faced many challenges over the last 2 months due to COVID-19 lockdown, including having to suspend operations, difficulty in transporting raw materials, managing inventories and lack of demand in market etc. Consequently, the imported scrap trades to South Asia also took a hit, with suppliers too facing challenges in logistics, scrap availability and buyer demand. Let us get insights from the largest steelmakers and scrap importers in these markets on how they coped up with these challenges and their plans ahead, along with the perspective of global suppliers.

Date & Time:

June 4, Thursday at 12:30 PM (IST), 3:00 PM (Singapore time), 11:00 AM (Dubai time)

Panelists:
- Mr Aameir Alihussain, Managing Director, BSRM, Bangladesh
- Mr Vaidyanathan R.S, Director- Commercial, Indicaa Group Ltd, UAE
- Mr Bharatendu Gupta, Associate Vice President, Jindal Stainless Ltd, India
- Mr Fahad Javaid, Director, Mughal Iron & Steel Industries Ltd, Pakistan
- Mr Arshdeep Singh, Director, Vital Solutions Pvt Ltd, Singapore
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Key Points of Discussion:
- How did the pandemic impact the Steel Industry
- Current Steel demand in the market post Lockdown
- Ongoing production levels after resumption and plans to scale up
- Scrap bookings (via bulk & containers) in the recent months, and plans for the coming months
- Impact of temporary UAE export ban on buying trends
- Near term outlook on scrap demand and price trends
- Industry outlook (Steel Capacity ramp-ups etc)
June 3, 2020