If you had to name one country that is likely to make all the difference for the future of the global metals Industry, without a doubt it is China. Regardless of how quickly China and the global metals industry rebounds, the changes that are planned for China’s metals sector are likely to mean that the global industry will look much different than it stands today.
KPMG’s Global Metals practice recently held the second in a series of KPMG’s Global Metals practice Webcasts to discuss the issues facing the sector. On this Webcast, we were pleased to hear from Sandy Chim, Chairman of the Century Iron Ore Group and Augyva Mining Resources Inc., regarding growth strategies for China’s steel makers, specifically with respect to merger and acquisition activities.
Additionally, David Ko, Partner, KPMG in China's National Iron and Steel Leader, explored the unique qualities of the market conditions in China and how profound national reform is likely to affect this industry. He also put forward some hypothetical development trends for China’s iron and steel industry. The Webcast also features a question-and-answer session during which the speakers responded candidly to questions from the live web audience
We invite you to access the recording of this webcast by clicking here.
An accompanying publication entitled China’s Iron & Steel Industry amid the Financial Crisis is also available.