19-th International Iron
Ore Symposium was held in 9-11 June 2013, at Leonardo Royal
Hotel, Munich.
The
iron ore market has been a real rollercoaster in the past year. With volatility
of prices exceeding expected levels, the industry has been facing some major
ups and downs. Unbalanced demand from the European steel sector and a real
threat of decreasing demand from China posed some real structural questions
that the industry should address.
At such critical time the 19-th International Iron Ore Symposium focused
on bringing industry
heavyweights together to share their opinion
on the future of the market. Senior executives of such organizations as Raw Materials Group, Metalloinvest, Swiss
Marine, Macquarie, CLSA, CME and many other participated in the symposium. Among
the participant companies, was Rustavi Steel LLC.
Conference participants discussed
the following issues:
- India - could it become a net importer of iron ore
in the future?
- Future of European Steel Making - Challenges and Opportunities
arising.
- Pricing and
its challenges.
- Rising price volatility - can we expect the market
to follow this pattern in the future?
- Pricing panel discussion: Spot market - has everyone
joined the party?
- Value in use of iron ore - how to price more
efficiently? Supply/demand balance - are we in the new phase
of the super cycle
- Usable Fe
units - is the market in balance?
- Long term considerations for the future supply/demand
balance.
- New generation of miners - how are miners adjusting
to tough economic conditions?
- China - what is happening behind closed doors?
- Iron ore imports to China - closer look at the worldwide
implications.
- Chinese domestic iron ore production- what can we expect
in the year to come?
- Steel producers perspective - is the iron ore market
in tune with the steel industry?
- Steel mills talking - what do they really want from iron
ore producers?
- Outlook on the shipping market and its impact on the
iron ore industry
- The future of the freight market - are we at the end
of a difficult journey?