FerroAlloyNet 18th International Chrome & Nickel Products Summit will be held in Wuxi, Jiangsu Province, China on March 9-11, 2020. And we sincerely invite you to come. In 2019, the domestic nickel market was stimulated by high profit margin, showing a continuous growth trend. Large scale ferronickel plants continued to increase investment, and small and medium-sized ferronickel plants developed steadily. In 2019, about 45 million dry tons of nickel ore will be imported, with three main source countries, Indonesia accounting for 35%, Philippines accounting for 60%, and New Caledonia accounting for 2%. Due to the sudden change of Indonesia's policy of banning the export of nickel ore, the domestic nickel market in 2020 is not optimistic, and most of the new plant construction plans are likely to be delayed and changed. In addition, due to the impact of Indonesia's ban on mining, domestic nickel production capacity is gradually transferring to Indonesia. After Indonesia's large-scale ferronickel production line is put into operation, it will have a strong impact on the domestic nickel market, accelerate the production reduction and shutdown of domestic ferronickel plants. And Indonesia's nickel ore and ferronickel trade market will also get unprecedented development.
In 2019, the operating environment of the steel industry is complex and changeable. The national economic growth rate has slowed down and trade frictions have increased. Also the difficulty of steel exports has increased. Although the output of stainless steel crude steel maintained a 10% growth rate, the growth rate of the supply of ferrochrome was significantly greater than the growth rate of demand, and the chrome market was under tremendous pressure from imbalances in supply and demand. China’s domestic demand is insufficient, and the output of ferrochrome hits new highs repeatedly, making the chrome market enter the embarrassing situation of "three highs and one low" with high inventory, high output, high imports, and low prices. China’s consumption of chrome ore has repeatedly hit record highs, but the output of domestic mines has also increased year by year. The supply of chrome ore futures has been severely oversupply. Inventories of domestic and foreign ports have been at high levels all year round. The supply of chrome ore futures and spot has exceeded demand. Especially in the second half of the year, domestic and foreign ferrochrome producers made a comprehensive loss, and the operating space of chrome ore traders gradually narrowed. Long-term losses caused some businesses to reduce their operation and even withdraw from the market. When will the chrome market pick up? How will the market confidence come back?
We will invite representatives from more than 30 countries from the upstream and downstream industries of chromium and nickel to the event, including mining, ore trade, alloy production / trade, terminal procurement, equipment services, logistics services, futures services, industry associations, research institutions and other enterprises. FerroAlloynet sincerely invites you to attend this summit!
Registration & Getting Conference Materials
Under the pressure of global macro economy downturn in 2020, will the new capacity of the stainless steel industry be launched as scheduled?
Impact of new capacity of stainless steel industry on chrome and nickel industry in 2020.
Will traditional traders become history when factories and miners transform into industry and trade integration or bundling cooperation?
Indonesia's stainless steel production and impact on the market after capacity release/p>
Main Hall|When does the price of chrome products reach the bottom? Can the turning point of market come as expected after the year?
Main Hall|An analysis on the pattern of chrome traders
Main Hall|When will the embarrassing situation of Turkey chrome concentrate improve?
Session 1|South Africa chrome futures pricing Seminar
Session 2|Nickel Conference
Group Photo Shooting
1. IGlobal nickel supply and demand structure adjustment and price shocks brought by capricious Indonesian nickel mine ban policy.
2. Philippines' nickel ore exports in 2020 is attracting attention.
1. Changes and development of Indonesian nickel industry domestic trade market.
2. Indonesian ferronickel imports from TsingShan Holding Group.
1. Stainless steel project launching plan by Shandong Xinhai Technology Co., Ltd
2. Stainless steel project launching plan by PT Virtue Dragon Nickel Industry.
1. Production costs and nickel ore inventory of China's high grade ferronickel plants.
2. Cumulative inventory of high grade ferronickel market.
3. Exports of non-mainstream countries such as Singapore, Guatemala, and Turkey.
1.Will traditional traders become history when factories and miners transform into industry and trade integration or bundling cooperation?
2.The price of chrome ore has fallen to a historical low in the past three years. When can the price rise?
1.The market share of South African chrome ore is increasing. What should we do about the mainstream chrome ore?
2.When will the embarrassing situation of Turkey chrome concentrate improve?
1.The large-scale and centralized production capacity of ferrochrome is irresistible. How can small and medium-sized smelting plants survive in the cracks?
2.The capacity of ferrochrome is increasing, and long-term orders are very important, but how to keep the say in the buyer's market?
1.The impact of imported high carbon ferrochrome is sweeping, will it continue to squeeze domestic ferrochrome space in 2020?
2.When does the price of chrome products reach the bottom? Can the turning point of market come as expected after the year?
Can the new capacity of ferrochrome in 2020 match the growth of stainless steel demand?