The 2023 China Steel Industry Chain Tour Summit Forum - Zhengzhou Station Successfully Ends

On August 17, 2023, the China Steel Industry Chain Tour Summit Forum was grandly held at the Zhepeng Hotel in Zhengzhou. The forum invites macro, industry, and financial experts to gather together to interpret and analyze hot issues in industry development, explore the steel industry chain market in 2023, and actively explore the development path of enterprises under new situations, challenges, and opportunities.

This forum is hosted by Hebei Tangsong Big Data Industry Co., Ltd., Tianjin Yuantai Derun Steel Pipe Manufacturing Group Co., Ltd., and Shanghai East Asia Futures Co., Ltd.

At 14:00 in the afternoon, the 2023 China Steel Industry Chain Tour Summit Forum - Zhengzhou Station opened. Liu Zhongdong, President of the Steel Trade Branch of the Henan Iron and Steel Industry Association, Shi Xiaoli, Deputy Secretary of the Party Committee of the Social Organization of the Henan Federation of Industry and Commerce, Secretary and President of the Party Committee of the Henan Iron and Steel Trade Chamber of Commerce, and Chairman of Henan Xinya Group, Chen Panfeng, Deputy General Manager of the Sales Company of Shanxi Jianbang Group Co., Ltd., and Qian Min, Vice President of Handan Zhengda Manufacturing Group Co., Ltd. delivered speeches at this forum.

Song Lei, Chairman of Hebei Tangsong Big Data Industry Co., Ltd., delivered a speech and delivered a wonderful speech with the theme of "Analysis of the Steel Market Situation in the Second Half of the Year". Song Lei stated that the current market does not have significant negative feedback conditions, and the market is in a volatile market. Supply will determine the future market direction, and the direction of the market at a large level still needs to be waited for. With the introduction and implementation of the level control policy, steel prices may have exceeded expectations.

Xu Xiangnan, Vice President of the Tang and Song Big Data Market Research Institute, delivered a keynote speech on "Analyzing the Market through Unique Algorithms of the Tang and Song Dynasties". Xu Xiangnan shared the research results of Tang and Song dynasties in algorithm analysis in market analysis over the years. The upgraded Tangsong Iron and Steel Online Monitoring and Warning System includes hundreds of composite algorithm indicators (such as port inventory ratio) created by the Tang and Song dynasties, creating unique fundamental technology analysis tools (such as interval analysis method), and providing an open platform for users to self create and research algorithms. Help customers better track, analyze, and predict market trends.

Yue Jinchen, a senior black researcher at Shanghai East Asia Futures Co., Ltd., gave a wonderful speech on "Steel Exports: Marginal New Changes in Market Supply and Demand". Yue Jinchen stated: 1. The strong export in the first half of this year has brought some marginal new changes to the current market supply and demand, becoming a new driving force for the growth of steel demand, and to some extent balancing the supply and demand situation in the market; 2. There is a certain divergence in market expectations for demand, and attention should be paid to whether the demand for steel in the second half of the year can truly improve. If the demand for steel does not rebound as expected, steel may face certain pressure in the fourth quarter.

Qu Ming, General Manager of Tianjin Yuantai Zhengfeng Iron and Steel Trading Co., Ltd., delivered a wonderful speech titled "Slowing Demand for High Quality Development in Industries". Mr. Qu introduced the company's products and future development: Tianjin Yuantai Derun Steel Pipe Manufacturing Group Co., Ltd. has long focused on the research and development, production, sales, and service of structural steel pipes, mainly square and rectangular steel pipes. In the future, the company will firmly adhere to the path of high-quality development through technological innovation, and will continue to make efforts in expanding product application fields, striving to achieve high-quality development of the enterprise.

Xu Xiangnan, Vice President of the Tang Song Big Data Market Research Institute, presided over a high-end market interview session. The discussion guests were: Zhou Kuiyuan, Executive Chairman of the Steel Trade Branch of Henan Iron and Steel Industry Association, Deputy Manager of the Sales Company of Henan Jiyuan Iron and Steel (Group) Co., Ltd., General Manager of Zhengzhou Branch, Chen Panfeng, Deputy General Manager of the Sales Company of Shanxi Jianbang Group Co., Ltd., Ren Xiangjun, General Manager of Henan Dadao Zhijian Iron and Steel Co., Ltd., and Qu Ming, General Manager of Tianjin Yuantai Zhengfeng Iron and Steel Trade Co., Ltd, Yue Jinchen, Senior Black Researcher at Shanghai East Asia Futures Co., Ltd. Guests had an in-depth discussion on the trend of the black industry chain in the second half of the year and the short-term market forecast.