May 11, 2011, from Wuhan in the Iron and Steel Co., Ltd. and Shanghai Steel Exchange Center Co., Ltd. E-Commerce Alliance (that is my steel mesh, hereinafter referred to as the "Shanghai Steel Alliance"), co-sponsored the "2011 China Iron and Steel, " Wuhan Iron and Steel Industry Summit "in the grand opening of Shangri-La Hotel, Wuhan. The conference was the Yangtze River Futures, Wuhan Huizhi Technology Co., Ltd., Hubei Steel Trade Co., Ltd. Yung Fat, Bank of East Asia and other business support and sponsorship. from steel producers And trade enterprises downstream enterprises, the financial banking and logistics industry, more than 600 people attended the Summit.

Zhaochang Xu, general manager of Wuhan Iron and Steel Group to speak Jiangbei Company. Zhao, mainly on the current international economic dynamics-depth discussion with you, he thinks the next step will be the logistics industry, the main factor in stimulating economic development. Has been built or to build a logistics park has 540 points of its distribution mainly in the Southwest and Northwest regions. The central region of which only 44 seats. Forging steel forging and other key logistics costs account for iron and steel industry 23% of the total cost. Zhao also limit the total power, 40 times on the regulation of prices, housing more than 1,000 million security policy discussions with you.

Shanghai Steel Division, deputy general manager of burden associated with high waves from the ore (iron, copper, nickel, etc.) in terms of changes in raw material prices about his views, said the imported ore prices in 2011 will appear in the high volatile activity of the trend. And by policy, state of mind under the influence of economic uncertainty in the larger, easy to import ore imports declined.

Shanghai Steel Division, deputy general manager of burden associated with high waves from the ore (iron, copper, nickel, etc.) in terms of changes in raw material prices about his views, said the imported ore prices in 2011 will appear in the high volatile activity of the trend. And by policy, state of mind under the influence of economic uncertainty in the larger, easy to import ore imports declined.

 Deputy Secretary-General of China Association of Logistics Technology, College of Management Huazhong University of Science Ph.D. Liu characteristics of the logistics industry and the development direction of the view expounded that the central steel supply chain will be cooperation and competition (co-competitim), open every mountain made, over the water bridge situation. That no single nation can deal with the challenges of the 21st century. Liu believes that the steel supply chain management from the "vertical integration" management to "horizontal integration" management "functions of management - Reorganizing, from material management - information management, the resources from the real into the virtual resource management --- diversification , the core competitiveness of the steel supply chain management and win-win Central advantage.

Finally, the Shanghai Steel Union Chief Information Officer Mr. Xu Xiangchun to the trend of the second half of the market price of steel expressed their view that the steel market from the short-term trend analysis, demand short-term worries, medium term variables. Finally, the future trend of steel market, the cost will continue to support steel prices. But the affected funds are still an important factor affecting steel prices. And said macroeconomic policy should pay close attention to the geographical situation and the impact of change on the steel.