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Company News / Rustavi Metallurgical Plant at 19-th International Iron Ore Symposium

 

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?