Date : Wednesday, 24 May 2023
| : | Sands Expo and Convention Centre, Level 4 Simpor Junior Ballroom |
| Marina Bay Sands Singapore, 10 Bayfront Ave, Singapore 018956 |
Date
Wednesday, 24 May 2023
Venue
Sands Expo and Convention Centre, Level 4 Simpor Junior Ballroom
Marina Bay Sands Singapore, 10 Bayfront Ave, Singapore 018956
About Singapore Iron Ore Forum
As the flagship event of Singapore International Ferrous Week (SIFW), (formerly known as Singapore Iron Ore Week) the Singapore Iron Ore Forum (SIOF) promises high-profile engagements from top business leaders and global industry experts. Offering an in-depth agenda, SIOF addresses the industry’s most pressing issues, and unparalleled insights into global trends shaping the iron ore sector in an increasingly multipolar world fraught with rising geopolitical tensions. With sessions delivered by compelling speakers who deliver fresh perspectives, SIOF is your destination to connect with and define the future of the industry.
Pricing
Bundle Package A
SGSF* + SIOFUntil 19 May 2023
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Access to Singapore Green Steel Forum (23 May) and Singapore Iron Ore Forum (24 May)
-
Complimentary access to SIFW Opening Plenary (23 May)
Bundle Package B
SGSF* & Gala Dinner* + SIOFUntil 19 May 2023
-
Access to Singapore Green Steel Forum (23 May), Gala Dinner (23 May) and Singapore Iron Ore Forum (24 May)
-
Complimentary access to SIFW Opening Plenary (23 May)
- Discounted bundle packages are based on the Standard ticket rates of the SIOF, the SGSF* and/or the Gala Dinner*.
- For more information about the Singapore Green Steel Forum, visit https://singsteelforum.com
- This promotion cannot be used in conjunction with any other discounts. *subjected to GST
- For any enquiries, please email to info@ironoreforum.sg
- Download Invitation Letter to the Singapore Iron Ore Forum 2023
Agenda
Time
Session
Speaker
8:00 AM - 8:45 AM
Registration
8:45 AM - 8:50 AM
Emcee Introduction
8:50 AM - 9:00 AM
Chairperson’s Welcome Remarks
Keith Tan
Associate Regional Director, Asia Metals Pricing
S&P Global Commodity Insights
Session 1: Key Components – Iron Ore Outlook
9:00 AM - 9:25 AM
Fireside Discussion: Economics
- Overview of global economy amid financial and geopolitical upheaval
- Mid- to long-term outlook on key industrial and consuming sectors
Interviewer:
Rohan Somwanshi
Managing Editor, Global Agriculture and Asia Metals News
S&P Global Commodity Insights
Interviewee:
Vishrut Rana
Economist
S&P Global Ratings
9:25 AM - 9:50 AM
Iron Ore: A Market in Search of a New Normal Amid Major Changes
- Changes in market structure and trading patterns in the seaborne iron ore market
- Price volatility as a new normal
- How market is adapting to latest changes in iron ore pricing evolution
Niki Wang
Managing Editor, Iron Ore
S&P Global Commodity Insights
Session 2: Addressing Uncertainty Along the Supply Chain
9:50 AM - 10:15 AM
Mining Keynote: Finding Better Ways to Resource Steel Decarbonisation
- Iron ore market trends and dynamics
- Pilbara as part of the decarbonisation story
- Customer-centric partnerships: How to move forward together
Interviewer:
Paul Bartholomew
Senior Metals Analyst
S&P Global Commodity Insights
Interviewee:
Antoine de Corbière
Senior Vice President, Iron Ore Commercial
Rio Tinto
10:15 AM - 10:45 AM
Networking Coffee Break
10:45 AM - 11:10 AM
Mining Keynote: Mining Companies' Decarbonisation Framework and Key Milestones in 2023
- Impact of sustainability considerations on mining costs
- Deep dive into Anglo American's decarbonisation strategy
Session 3: What’s Next For the Industry?
11:10 AM - 11:35 AM
Fireside Chat: Financialisation of Iron Ore
- Key developments in iron ore derivatives in the past year
- What do we need to be aware of with the iron ore financialisation?
- How do data and digitalisation support trading?
Interviewer:
Karen McBeth
Director, Metals Global Engagement and Intelligence
S&P Global Commodity Insights
Interviewee:
CJ Zhang
CEO
Theme International Trading
11:35 AM - 12:00 PM
Iron Ore’s Growing Appeal: Investor Participation and Market Development
Brian D. Luke
Head of Commodities & Real Assets
S&P Dow Jones Indices
12:00 PM - 12:45 PM
Panel Debate – Perspectives From the Region: The Future of Iron Ore
- How will the Paris goals affect the iron ore market?
- Will iron ore continue to gain investor interest from the global market?
- How will the ESG goals impact the asset prices and eventually, iron ore prices?
- Is DRI/HBI the potential solution for decarbonisation?
Moderator:
Neil J Bristow
Chairman
HW Consulting
Panellists:
Lionel Herzberg
Vice President - Commodities
Citi
Phillip Killicoat
Commodity Trader
Goldman Sachs
Michael Willoughby
Global Head, Metals, Mining and Transition Metals
HSBC
12:45 PM - 12:49 PM
Chairperson’s Morning Closing Remarks
Keith Tan
Associate Regional Director, Asia Metals Pricing
S&P Global Commodity Insights
12:49 PM - 12:50 PM
Emcee Wrap Up of Morning Session
12:50 PM - 2:00 PM
Networking Lunch
Afternoon Session
2:15 PM - 2:30 PM
Keynote Executive Speech
Eduardo Mello Franco
Marketing Manager, Pricing Iron Ore
Vale
2:30 PM - 2:50 PM
The Chinese Iron Ore Market
- Analysis of demand and trends in the iron ore market by Chinese steel mills.
- China steel industry's environmental protection and carbon neutrality/carbon peak plan - impact on iron ore imports and trade
- How steel mills can optimize procurement and supply chain management to cope with iron ore price fluctuation
- Cooperation between mines and mills - improving procurement contracts, supply chain management, and technology to stabilize long-term agreements
Alice Shen
Deputy General Manager
Shagang International (Singapore) PTE.LTD.
2:50 PM - 3:05 PM
Iron Ore in Flux – Price Movers in the High-grade Iron Ore Concentrates and Pellet Market in 2023
- Price trends in Fastmarkets’ iron ore MB66 concentrate index over 2022
- Various price influencers in 2022 and market movers to watch for in 2023
- Price trends in Fastmarkets’ pellet premium and pellet index 2022
- Fastmarkets 67.5% Fe pellet feed premium index and liquidity
Jane Fan
Index Manager
Fastmarkets
3:05 PM - 3:20 PM
Networking Coffee Break
3:20 PM - 4:20 PM
Panel Discussion – “Green Iron Ore”: Direct-charge Material Technologies and Changes to Iron Ore Trade Flows
- Changes in iron ore mining and production – how will this support the concept of green iron ore?
- Can the agglomeration of low-grade fines take off in a big way?
- Iron ore demand and supply changes from Australia, Brazil and rest of the world in relation to DRI production hotspots planned by the steel industry
- Disruptions to current trade flows – how will the need for high-grade pellet-feed concentrates redraw the global trading map?
- How quickly are mills reacting to the possible rise of direct-charge materials and how will their processes change?
- The environmental impact of iron ore mining and production, and how it relates to the concept of green iron ore
- The potential benefits of green iron ore for companies, including improved reputation and increased market demand, as well as the potential challenges and barriers to widespread adoption
- The role of governments and regulatory bodies in promoting and incentivising the development of green iron ore, including policies related to renewable energy, sustainable mining practices, and emissions reductions
Moderator:
Paul Lim
Regional Editor, Steelmaking Raw Materials, Steel & Ferroalloys
Fastmarkets
Panellists:
Ebrahim Dadoo
Head of Sales and Physical Trading, Iron Ore
Anglo American
Sun Gongxiu
Deputy Director of Procurement
Tianjin Jianlong Iron and Steel Industry Co.,Ltd
Renato Hendriksen
Head of Market Intelligence
Samarco
Aurelia Waltham
Analyst
Macquarie Group
Parizat Pandey
Director of Product Group Direct Reduced Iron
Metso Outotec
4:20 PM - 4:45 PM
Scrap and iron ore, competitors or complimentary?
- How are steelmaking margins for blast furnaces performing compared with those for electric arc furnaces in Asia?
- Has there been a noticeable trend to increase scrap use at blast furnaces in Asia over the recent year?
- With decarbonisation goals becoming more important in nations such as Japan and South Korea, is there any risk that scrap consumption could begin to cannibalize iron ore demand in the Asian region?
- How will the looming rise of blast furnaces in Southeast Asia affect scrap?
- Which key markets are expected to see growth in scrap consumption over the next decade? Are these in line with iron ore growth increases too, or is there variation between expected consumption of these two alternative feedstocks?
Alex Kershaw
Senior Analyst
Fastmarkets
4:45 PM - 5:30 PM
Panel Discussion: Challenges and Opportunities: Exploring the Future Development of the Iron Ore Derivatives Market
- State of play in the Chinese property/infrastructure market – Fe demand outlook
- Outlook on steel mill utilisation and how is Fe supply expected to respond?
- As a macro proxy for China’s growth, Fe has been one of the best performing commodities since COVID restrictions ended. Will the trend continue?
- Views on Fe prices/volatility, 65-62 Fe spread and steel mill margin and the use of derivatives (futures vs options and which part of the curve) to express those views and manage risks
- How should we look at potential arbitrage opportunities between SGX-DCE and between Fe and the other commodities?
- Seaborne Fe paper market is today, 2 times the size of the physical market, but still very small compared to the other global commodities
- What more can we do to accelerate the growth of the seaborne paper market and attract more participants to the market?
Moderator:
Tee Yong Tan
Director, FICC
SGX Group
Panellists:
William Lee
General Manager
Xiamen ITG Mining Resources Co., Ltd & Fujian Sansteel International Trade Co., Ltd
Shawn Teo
Head of Trading and General Manager, Iron Ore Division
Mitsubishi Corporation RtM International
Abhishek Dalmia
Head of Asia Commodities Trading
Bank of America
Kevin Yu
Trader
Optiver
Jane Fan
Index Manager
Fastmarkets
5:30 PM - 5:35 PM
Emcee Wrap up for SIOF 2023