Economic Climate：
Decrease of
Three Indexes;
Bearish Steel and
Shipbuilding Markets;
Tough Challenge |
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The year 2008 witnessed unexpected economic recession owing to U.S. sub-prime loan crisis, instead of another hay day for shipbuilding industry. Global steel market collapsed when BDI plunged and series ship contracts have been withdrawn. Three indicators, mirroring shipbuilding industry, slid from the third quarter.
It is an even tougher year for global steel and shipbuilding industry in 2009, in line with shrinking ship demand and overcapacity of shipbuilding steel despite new spotlight on offshore oil & gas project and port and etc. When will shipbuilding steel demand rebound in face of the current gloomy market? |
Stimulus Package：
New Policies of CN,
JP and KR ;
Forecast on
Shipbuilding Steel
Price ;
Reducing Cost to
Improve Profit ; |
|
How about the capacity of shipbuilding and offshore construction project steel units in 2009? Will price disparity in different regions boost steel trading? Will China steel futures be in favor of shipbuilding sector? Is there any new market strategy in steel plants by region in the hard time?
On 11 February 2009, revitalization regulation for shipbuilding industry was implemented, set to prompt the industry in the following six aspects. Will the favorable policy really stimulate domestic shipbuilding industry in 2009? |
Downstream Highlights：
India, Pakistan ;
Thailand, Vietnam,
Singapore;
South American Trade Road ; |
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How will Korean shipbuilding industry ride out of the financial breakdown in 2008 as giant player in this field? How about steel industry in Japan? Will it be revitalized in a single year? Strategic cooperation has been reached among China, Japan and Korea, set to cut cost to survive the market. Ship demand shrank in Europe, while it is a converse story in south Asian countries like Thailand and Viet Nam.
Is it a new drive of downstream demand in India, Pakistan and the Middle East for the industry, and in favor of shipbuilding steel trading between West Africa and South America?
Bearish ship market propped insiders to turn to offshore construction projects, drilling platform, auxiliary vessel, submarine pipeline and port construction and etc. How many enterprises have been involved in offshore construction projects? How about the utilization?
Different opinions do remains in line with the mixed picture of steel, shipbuilding and offshore construction projects. Hereby, Steels for Shipbuilding & Offshore 2009 Conference is to be held in Shanghai on 16-17 June 2009, assembling delegates from China, Japan, Korea, Singapore, Thailand, Viet Nam, India, Pakistan, the Middle East, West Africa and South America. Together, we foresee the outlook of the industry. |
