On the afternoon of October 29, the "2021 Lecong Steel World Think Tank Forum" hosted by Lecong Steel World Business School and exclusively titled by Foshan Shunde Shougang Steel Trading Co., Ltd. was successfully held in the Investment Promotion Center.
This meeting was held in the context of crude steel production reduction and local power curtailment and production limitation, with the theme of "How to seize the opportunities of the steel market under the new economic situation". The meeting also adopted online and offline linkage methods to help merchants more effectively formulate medium- and long-term sales plans, with more than 150 participants and more than 900 online live broadcasts.
▲ 2021 Le from the Steel World Think Tank Forum scene
At present, China is facing the normal impact period of the new crown epidemic, the international environment is still complex and changeable, and there are many unstable and uncertain factors in the steel market. To this end, the School of Business Entrepreneurship specially invited Mr. Liu Jinshan, Deputy Dean of the School of Economics of Jinan University, and Ms. Wei Ying, a ferrous metal analyst at the Research and Consulting Department of Industrial Futures, to discuss what opportunities and challenges there are in the steel market under the new economic situation in 2021.
The focus of market analysis needs to shift from the supply side to the demand side
Before the keynote speech session, Mr. Lin Qingbin, Manager of Information Technology Department of Lecong Steel World, delivered a speech. He said, "The domestic economy has entered the stage of fierce competition with the outside world from the original stage of stable growth, and at the same time the stage of development while competing." Past data and experience play a less and less useful role, and the focus of analysis of the steel market needs to shift from the supply side to the demand side."
▲Mr. Lin Qingbin, Manager of Information Technology Department of Lecong Steel World, delivered a speech
Steel prices in the fourth quarter contain certain risks
In the first half of the conference site, Ms. Wei Ying, a ferrous metal analyst, brought a special analysis of "Steel Market Outlook in the Fourth Quarter" to the guests. Starting from the upstream supply and downstream demand of steel, Ms. Wei Ying analyzed the impact of crude steel production reduction, coal supply, real estate, infrastructure, manufacturing, trade exports, etc. on the subsequent steel market.
▲Ms. Wei Ying, a ferrous metal analyst, shared
The new three phases of superposition and the global currency flow and steel trade prospects under the Sino-US game
In the second half of the conference, Professor Liu Jinshan brought a special speech on "Global Currency Flow and Steel Trade Prospects under the New Phase III Superposition and Sino-US Game" to the guests, and gave an in-depth and simple explanation of the challenges and opportunities faced by the steel industry by analyzing the epidemic economy, the Sino-US economy, and the steel market.
In view of the above questions, some of Professor Liu's views are listed:
He pointed out that in the fourth quarter of this year, China is estimated to increase about 6-8 trillion yuan of broad money, and about 240 trillion yuan at the end of December. Look at the policy in the short term, and look at the funds in the long run. The rising tide of money is the end of the era of low resource and energy prices. The prices of commodities such as energy and raw materials will fluctuate violently.
▲Professor Liu Jinshan's analysis of the "Water Theme of Heavenly Currency"
He believes that the rise in world commodity prices has brought about an increase in coal prices, and the rainfall in the first half of the year is small, resulting in a tight supply of thermal power and hydropower, an increase in demand for electricity when the weather becomes hot, and the "electricity shortage" is once again early and concentrated.
▲Professor Liu Jinshan analyzes the theme of "China's New Phase III"
Professor Liu focused on interpreting the relationship between "carbon peaking, carbon neutrality and steel industry chain" at the live market conference in March this year, and the follow-up crude steel production reduction policy also confirmed the views of experts. Next, the School of E-commerce will continue to invite industry leaders, directly hit the pain points of the industry, talk about the steel market, and look forward to your attention and participation!
Due to the limited space, the content of Professor Liu Jinshan's speech has not been listed in detail, and the specific detailed views videos and articles are accelerating the editorial review, and will meet with you as soon as possible. At that time, you can log on to Lecong Steel World Network to see more exciting content of the conference!
Finally, once again, I would like to thank the exclusive title provider- Foshan Shunde Shougang Steel Trading Co., Ltd. for its strong support at this meeting.