In recent years, with the zigzag advancement of global economy in the complex contradictions, and the emergence of the western extremism and populism, the existing international economic order has been undergoing a severe challenge, and the global economic outlook has been facing a great uncertainty, even recession risk. Moreover, Asia, with the two- thirds of global population and the one-third of global economic aggregate, is increasingly becoming an emerging engine for global economic growth, ushering in a major shift in the focus of global economic activities.
The Iron & Steel industry in Asia, as the most active region in production and consumption is heading for a new era of development. The major Iron & Steel producers actively innovate and continuously improve their technological level. The production and investment of the Iron & Steel in some potential countries and regions are being developed in full swing. Asia has developed into the world’s largest production and distribution center of the Iron & Steel, and Asian future development will further strengthen its role in promoting global economic recovery. In this process, it is of great significance for Asian Iron & Steel enterprises to strengthen communication and coordination to better serve the recovery and further development of the world economy.
In order to promote exchanges in the industry and enhance mutual understanding between relevant entities on fields such as capacity development, market potential, advanced technology, etc. and to withstand various risks under the new situation, Asia Steel Form 2019 brings in some leading experts from the Chinese, Japanese and Korean Iron & Steel industry associations, heads from Asian Iron & Steel enterprises, well-known economists, industry analysts and representatives from the industrial enterprises, etc. to discuss some major issues for the win-win cooperation.