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[Ferro-Alloys.com] The steel market as the important consumer in China ferro-allloys market, and it influenced the ferro-alloys market operation. The 12th China Ferro-Alloys International Conference, which hosted by (CCCMC) and Ferro-Alloys.com in May 27th-29th, 2015 in Shangri-La Hotel, Qingdao, China. the market research department director Mr. Wu Jingjing , China Iron and Steel Industry Association, which made a wonderful speech, and the theme is ‘under the new normal development trend of China’s steel industry and ferroalloy affect future’

director Wu said that the future of steel market is not optimistic from the supply & demand and the raw material, the pressure is that the supply more than the demand and the raw material ferro ore price fell, but from the point of the downstream steel market, we should attention this points, railway and rail transit and urban network construction otherwise it will bring a certain role in the steel market. The profit may change smaller because we predict the late steel market cycle index changing time will be expected to shorten.

The late steel market cycle index change cycle is expected to shorten, but the price change will be smaller profits.

• [Editor:tianyawei]