2021 Chinese stainless steel-metal furnace charge conference successfully concluded, please check the basic information!

On December 7th, the 2021 China stainless Steel & Metal burden Conference held by SMM came to a successful conclusion in Wuxi!

At the meeting, Jia Qipu, director of Shanghai Aoshi Shipping Co., Ltd., Feng Hang, general manager of Henan Getian Renewable Resources Co., Ltd., Zhao Yongpu, CEO of Shanghai Danzhang Technology Co., Ltd., Shen Yi, director of Shanghai Environmental Energy Exchange, Zhang Junhong, general manager of Shanghai Lishi International Trading Co., Ltd., Wang Cong, research director of Zhongji Ningbo Group Co., Ltd. And the senior SMM analyst revolves around the change of stainless steel nickel iron industry chain, whether the attack of high matte nickel leads to the change of nickel iron supply and demand pattern, the national ferrochromium supply and price trend under the policy of limiting electricity and production, the development of scrap steel industry under the situation of furnace charge shortage, and the new ecology of stainless steel industry development. Hot topics such as the supply pattern of stainless steel market and the realization of value preservation in stainless steel industry in the environment of high fluctuation of raw material prices are discussed and analyzed under the expectation of production reduction under double control of energy consumption.

Guest speaker

Feng Hang, general manager of Henan Getian Renewable Resources Co., Ltd., gave a comprehensive explanation on the current situation and development prospect of waste stainless steel industry. he mainly analyzed the current situation of waste stainless steel industry, stainless steel export volume, future stainless steel planned new production capacity, waste stainless steel source, waste stainless steel industry policy and so on. He said that the trend of the problem of waste stainless steel includes policy issues, tax issues, standardization issues, and trade issues; the development trend of waste stainless steel is to further strengthen the degree of standardization of the industry; the rapid increase of industrial concentration, the accelerated integration of the upstream and downstream of the industrial chain, and the obvious development trend of standardization; short process into the development trend of steelmaking.

"present situation and Development Prospect of waste stainless Steel Industry [stainless Steel Conference]

Zhang Junhong, General Manager of Shanghai Lisheng International Trading Co., Ltd.

Zhang Junhong, general manager of Shanghai Lisheng International Trading Co., Ltd., said that with the further release of production capacity in China and Indonesia and the recovery of stainless steel production in other countries, global stainless steel production will continue to increase in 2022. China's total stainless steel production is expected to increase to 35 million tons in 2022, an increase of about 5% over the same period last year. Indonesia's stainless steel production is expected to increase with the increase in ferronickel production in 2022 to 6 million tons, an increase of about 21% over the same period last year.

"Review and analysis of the output of ferrochromium and stainless steel in China under the policy of power restriction and production restriction [SMM stainless Steel Conference]

Zhao Yongpu, CEO of Shanghai Danzhang Technology Co., Ltd.

Zhao Yongpu, CEO of Shanghai Danzhang Technology Co., Ltd., introduced the technology and market prospect of high-strength stainless steel for building structure, mainly from the aspects of steel and construction industry's overall transformation of stainless steel performance to break through market limitations, cost conducive to building popularity, non-rust world safety and environmental protection, and so on.

Technology and Market Prospect of High strength stainless Steel for CEO: Building structure of Shanghai Danzhang Science and Technology [stainless Steel Conference]

SMM Nickel analyst Gao Yuan

Gao Yuan, a nickel analyst at SMM, said that with the explosive growth of stainless steel production in China and India in 2021, nickel pig iron has been in a state of tight supply since the second quarter of 2021. Indonesian NPI production is expected to increase by 32 per cent to 1.16 million nickel tons in 2022, with a combined growth rate of 18.2 per cent for China and India. Total global NPI production is expected to increase by 18.2% in 2022 compared with the same period last year.

"Nickel pig iron prices hit a new high in 2012. Can the attack of matte lead to a change in the supply and demand pattern of nickel and iron? [stainless Steel Conference]

Li Dongdan, manganese analyst at SMM

Li Dongdan, a manganese analyst at SMM, analyzed the global manganese raw material supply and price expectation in 2021, mainly from three aspects: the analysis of supply and demand structure and price prospect of electrolytic manganese industry in 2021, the evolution of supply and demand of manganese alloy and stainless steel industry in the future, the demand drive of new energy and the interpretation of manganese chemical market. SMM expects the growth rate of manganese sulfate production next year to be flat as a whole to meet the terminal annual demand, so SMM expects that the supply and demand of high-purity manganese sulfate will tend to balance this year and next year. Driven by the ternary market in the future, the demand for high-purity manganese sulfate will continue to increase. It is expected that the domestic spot supply and demand of electrolytic manganese will rise and fall limited by the end of this year, while manganese sulfate will fluctuate slightly and slightly with the expansion of production by individual manufacturers and the general market price of terminal demand at the end of the year.

"SMM: supply and demand decline at the end of the year Manganese Price is stable and weakening. New Energy drives demand preference for Manganese Sulfate in 2022 [stainless Steel Conference]

Li Chuntian, an analyst at SMM

Li Chuntian, an analyst at SMM, reviewed the stainless steel market in 2021 and looked forward to the market in 2022. She said that stainless steel prices fell at a high level in 2021. With the decline in demand growth, production recovered, inventory began to accumulate, raw material prices collectively fell, stainless steel costs moved down, and the current stainless steel production has suffered losses. Looking ahead to 2022, the growth rate of stainless steel consumption is not expected to be particularly pessimistic. According to the 3.5% consumption growth rate, the demand is expected to have a small surplus of 520000 tons of stainless steel next year. However, there is still some uncertainty about the production of new capacity on the supply side.

"SMM: stainless steel high drop current enterprise production loss is expected to be a small surplus of 520000 tons of stainless steel next year [stainless steel conference]

At this point, the 2021 China stainless Steel & Metal burden Conference has come to a successful conclusion. Thank you for your attention and support to this meeting. We will get together again next year!