Indian Steel Association organizing first International Steel Conclave in India

New Delhi, Oct 3 (KNN) With an aim to bring industry leaders and market influencers together to address the opportunities, challenges, future innovations and sustainability factors of steel industry, Indian Steel Association in conjunction with Ministry of Steel is organizing first “International Steel Conclave” in India.

The association has tied up with Messe Frankfurt Trade Fairs as event partner to host its first edition.

Slated from October 25 to October 26, 2018 at Lalit Hotel, New Delhi, the inaugural edition of the conference is expected to bring industry leadership together with government and consultants to address integral issues like international steel trade and its challenges, problems faced in extracting, supplying, transporting and pricing of raw materials, future innovations and technology that can be introduced in the industry.

The two day conclave will be divided into various sessions that will target aspects of steel use in India, challenges and opportunities in international steel trade, innovations and technology, future trends and challenges highlighting issues related to raw materials, finance & investments, logistics infrastructure, energy efficiency among other themes.

Highlighting the demand and supply of raw materials and finished goods, the conclave will also talk about end user’s perspective and innovative applications within the industry.

Also, with India poised to become the world’s second largest steel producing country, the conclave will enable domestic and global investors foresee future trends leading the sector into a “future-ready” state.

Briefing about this conclave, Secretary General of Indian Steel Association, Bhaskar Chatterjee said “With the industry witnessing an uptick in demand for steel and its utilization, we are confident that the critical insights on international steel trade and its challenges will enable the sector to create an environment for improved trade opportunities.”

The debut edition is expected to be inaugurated by Union Minister of Steel Birender Singh who shared that the Indian steel industry is a brilliant example of power of intent, intervention and initiative.

He said that the Steel production has increased by 26% in the last 4 years and the consumption has increased by 22%. Over 86% steel products in the country are covered under quality control orders. GRF Guidelines 2017 and DMISP Policy are landmark developments aimed at a stronger and bigger steel industry.

STRMI and Secondary Steel awards are in the process of taking their final shape. As we emerge stronger with each new bold measure and each novel policy and innovation, I see the future of industry very bright and encouraging. I wish the conclave all the success, he added.

Messe Frankfurt Trade Fairs India Pvt Ltd, Managing Director, Raj Manek, said “The steady growth of the industry and the strong initiatives taken by the government gives us the perfect opportunity to host the International Steel Conclave in India.”

The platform has also attracted support from the global industry body - World Steel Association on taking up the much-needed industry themes that will challenge industry outlook.

Talking about the importance of bringing the stakeholders together, Director General, World Steel Association, Edwin Basson shared, “India is the undoubted global star in terms of growth in steel use, something which is reflected in the strongly developing economy in general. It is an exciting context for industry stakeholders to come together in and I don’t doubt that everyone will enjoy a fruitful and interesting dialogue”

Messe Frankfurt holds a portfolio of 20 prestigious trade fair brands and over 35 conferences in India targeting sectors of automotive, automation, lighting, technology, textiles, consumer goods, entertainment, media and creative industries and environment technology industries.

Combining their strengths for this edition, ISA and Messe Frankfurt India are confident that this platform will serve a high-level platform for the discourse of challenges and measures that can create improved trade opportunities.