Dear Industry Leaders,

International Iron Ore Market Seminar 2014 will be held in Qingdao Shangri-La Hotel during April 9-11, 2014. This seminar has been held successfully for eight consecutive years in Qingdao and the seminar commission sincerely invites your company(s) to be present and have discussions about the development of iron ore market with industry insiders.

In retrospect for 2013, the economic growth of emerging market countries generally slid and the world economy took on the tendency of recovery but was still impacted by factors of fiscal deficits and monetary policies. 2014 may sustain the development features of past crisis and possibly face more volatility and uncertainty. Global financial market fluctuation, USA`s QE policies, emerging market countries` currency depreciation, structural adjustment and reform exploration are all the hot topics of the macro-economy in 2014.

China`s steel manufacturing enterprises have been experiencing reduced gross profits and increased inventories in the context of the overall declining macro-economy, especially in the shrunk growth of emerging economic entities. At the same time, daily crude steel output lingers above 2 million tonnes and overcapacity gains more attention under the downturn of the economy growth. The impact of environmental protection on the steel industry is strengthening and everyone is waiting for the coming of New Spring.

Upstream and downstream enterprises in the iron ore industry have been making efforts to propel its healthy development on the behalf of their own benefits. Relevant government agencies strengthen their environmental inspection to enact the industry standards of pollutant emission; steel enterprises deepen their research methods of using non-mainstream and low-grade ores to reduce their costs; and they have obviously increased demand of high / medium concentrates, lumps and pellets in order to reduce the emission of the smoke and dust. Overseas miners are also concentrating the exploration and expansion of high /medium grade resources besides low-grade fines.

The launching of iron ore futures on Dalian Commodity Exchange in 2013 and the progressive growth of iron ore swap transaction volume on Singapore Exchange are quickening the financialization of the iron ore industry. With more volatility of prices, enterprises have more risks to take than before and financial tools are bound to provide necessary aids for their risk management.

The 8th International Iron Ore Market Seminar 2014 during April 9-11 aims to provide valuable services for you with high-qualified speakers in terms of how to seek for new profit modes from the financial market, how will the market structure orientates and how should steel enterprises make breakthrough under the overcapacity and environmental protection situations.
Looking forward to your attendance and meeting you in beautiful city - Qingdao!