The Mining and Mining Equipment Industries to Meet at the 4th Annual Asia Steel 2009



“The 4th Annual Asia Steel 2009” is organized by Metal Business Forum on 13th to 14th January 2009 at Grand Copthorne Waterfront Hotel, Singapore to help the leaders of metal, mining and mining equipment industries to prepare for the challenges and opportunities in 2009.
Asia Steel 2009 is indeed a very necessary event especially that there is a down turn in the financial resource available in this part of the world.

According to Dr. Amit Chatterjee, Advisor to the Managing Director of Tata Steel India, that though India’s growth may have come down from 9-10% to 8-9%, for the next couple of years, India’s plans to produce 180-200 Mt of steel by 2020 is progressing well. Definitely across Asia, steel is in the growth phase. With China becoming a major exporter of steel, at the same time reducing exports of coke/coking coal, a dramatic change in steel trade is anticipated in the Asian region as well as an unprecedented growth in the mining equipment industry. It is inevitable that Asia is at the forefront of the Global Steel Market and stakeholders of the industry need to be kept abreast with the latest developments in this region.