Dear Madam/Sir,
    Jointly organized by Dalian Commodity Exchange and Shanghai Ganglian E-commerce Holdings Co. Ltd (Mysteel) and co-organized by Shanghai Clearing House, Nanjing Iron and Steel Group Co. Ltd and Anhui Changjiang Iron and Steel Co. Ltd, 2014 World Iron Ore Summit will be held in Hilton Hotel, Nanjing during November 20-22 and we sincerely invite you or delegates from your company to witness the spectacular conference.

Highlight I: What direction will domestic and overseas macro-economy go? And what influence will such directionbring to the commodity?
    The world economy is showing a mixed performance this year. The investment, manufacturing industries and employment kept full recoveries in US and the people are expecting government to quit QE and to increase interest rate. While Europe economy recovery to be weak under the influence of high debt, high unemployment rate and deflation, resulting in the expectation of interest cutting and quantitative easing. China is expected to maintain GDP growth at 7.5% during the year under the driving of micro-stimulation policy. Then, what is the future of China economy? How will the mixed economy performances of those developed countries affect China and what opportunities will they bring? How will the macro economy impact on the global commodity market?

Highlight II: What is the state quo of steel industry? What new challenge will the surplus capacity bring to steel enterprises?
    The domestic steel demand stays weak under the affect of slowdown of China economy growth and the acceleration in breaking property bubbles. The oversupply remains prominent as the national crude steel output continuously stands beyond 2 million tons during the first three quarters this year. In addition, the stock of finished goods remains in high level, which has given more pressure on the destocking plan. The steel price kept its downward trend due to many negative factors. Many a steel enterprises slip into the loss mud after fight for survival. Where will steel enterprises head in the future? Will industry structural adjustment become the perfect solution?

Highlight III: What are the new developments and changes of iron ore market this year? What are the cost and future expansion of overseas mines? What will happen to China mining enterprises’ operation and development?
    A large amount of low-cost imported iron ore is taking over the market with the expansion and commission of overseas mines’ successive projects, leading to the shutdown of domestic mines pressed by high cost. Hence steel mills rely more on the imported iron ore. It is crucial to find out the marginal cost and potential expansion of overseas miners and see how domestic mining enterprises struggle for survival.

Highlight IV: What is the state quo of iron ore industry enterprises? Will there be any chance for new policies to relieve financing dilemma?
    Related enterprises are facing the poor credit as banks tighten and adjust the credit this year and the capital issue is vital to enterprise development. Whether Central Bank will issue new monetary policy? Will the tight credit situation be relieved in 2015?

Highlight V: Will there be any new development and breakthroughs of iron ore financial derivatives market? How can financial instruments ensure enterprises’ profits?
    With various iron ore derivative tools keeps growing and actively utilized in hedging and arbitrage with iron ore physical market and other commodities, how do the enterprises with physical trading handle properly with the financial tools to conquer all kinds of risks in the iron ore market so as to keep a rational use of limited funds and keep themselves in a safe situation. Hope Nanjing summit will be the great milestone on the road towards your business success as the revolution of iron ore and steel industry approaches.