SteelMint Events

Tag: Global Scrap

  • China’s Scrap Import Policy – How will it change the market dynamics?

    China’s Scrap Import Policy – How will it change the market dynamics?

    The global steel and scrap industry is awaiting the announcement from the Chinese govt. regarding reforms on resumption on scrap imports. Sources expect announcements to be made shortly and may be implemented from Jan’ 2021. This move is likely to boost Chinese scrap import volumes which have fallen drastically from CY’17. The global steel market awaits its announcement and its impact on global scrap, iron ore, and steel prices

    Key points of discussion:-

    • What is this policy?
    • When is it expected to get implemented?
    • How will this change the trade flows- supplies and prices?
    • Will there be a shortage of scrap in the global market?
    • Potential markets for scrap supply to China
    • Will it impact the global billet market?
    • China’s heavy dependence on iron ore imports to come down?

    Speakers

    • Mr. Tao Jiangshan, Deputy Secretary General of China Association of Metalscrap Utilization (CAMU) – DRI working committee, China
    • Mr. Abhijeet Mahanta, Head Ferrous – European Metal Recycling (India, Bangladesh)
    • Mr. Henry Liu, Head of Iron Ore Analytics, Mysteel, China
    • Mr. Arshdeep Singh, Director, Vital Solutions Pte Ltd, Singapore
    • Ms. Nishtha Mukerjee, GM – Iron ore & Scrap, SteelMint, India

    Date:

    21st December, Monday at 12:30 PM (IST); 3:00 PM (Singapore time); 11 AM (Dubai Time)


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  • Availability of Global Scrap in Future

    Availability of Global Scrap in Future

    SteelMint Events | tête-à-tête 02 with Dr. Baris Bekir Ciftci, Head of Strategic Initiatives & Raw Materials Markets Analysis, World Steel Association

    Dr. Ciftci is the Head of Strategic Initiatives and Raw Materials Markets Analysis at the World Steel Association. He is currently responsible for leading the Association’s research activities on steelmaking materials markets and projects aiming to deepen the Association’s understanding of the most pressing strategic issues the global steel industry is currently faced with. He has conducted international level economic and market studies on topics that stand at the top of the research agenda for steel and steelmaking materials markets over the last 10 years

    The topic of discussion for this tête-à-tête with Dr. Ciftci is the current situation of the global scrap market amid the prevailing lockdown situation across the major markets and the availability of Global Scrap in future. We will also take a close look at how covid-19 pandemic has impacted the overall industry, the tightening of supply and diminishing demand at the same time and an outlook of the scrap market.

    Key points of discussion

    • Global scrap availability tightening further in the near term
    • Major challenges of the US and Europe scrap recycling yards
    • When can the impact of Scrap recycling yard shutdowns be expected to overcome?
    • Impact of the pandemic on the crude steel output, iron ore & coal supply
    • Will low finished steel demand in major import markets balance out the low scrap availability amid COVID-19?
    • Long-term outlook on scrap availability?

    ~Interview by Shreya Divakaran and Akshay Sharma