This year has certainly delivered some unexpected challenges nobody saw coming. Every business across the steel industry, from traders and manufacturers to transport and shipping companies has been forced to adapt and change in some way. So, what happens next?
While we don’t pretend to know the answer, we brought together three experts to share the latest news, insights and forecasts with our members, to help you plan for 2021.
This interactive Q&A Panel Session webinar held on 13th November at 11am (AEDT) was joined by:
• Owen Birrell, Executive Director, Industrials (Steel, Transport, Packaging, Infrastructure), Global Investment Research, Goldman Sachs
• Ross Lambie, Chief Economist, Australian Chamber of Commerce
• Paul Daniele, Director, Prasidium Credit Insurance
This webinar took the place of our annual Calcutta event, which unfortunately cannot be held in-person this year. There it is designed as an interactive panel session, and we wanted attendees to get involved.
We asked all attendees to get involved and be active during the session on the day. The more you ask, the more value you’ll gain.
Key topics covered:
- Owen Birrell explored the current regional steel environment, with a focus on the outlook and forecast trends for steel, iron ore and coking coal across the Australian and South East Asian markets.
- Ross Lambie shared the latest view on the domestic economy, including the fiscal and monetary stimulus that has been provided in response to COVID, and what this means for the economic recovery that lies ahead
- Paul Daniele delved into what is in store going forward from the perspective of credit and insurance works.
Executive Director, Goldman Sachs
Owen Birrell is a senior Industrials analyst for Global Investment Research in Australia. He joined Goldman Sachs Global Investment Research in 2003. In 2011 he joined the Metals & Mining team, with responsibilities across both Commodities and Equities. During which time he picked up coverage of the Steel sector. He now leads the Australian Industrials team, and in addition to Steel he covers the Transport, Infrastructure and Packaging sectors. Owen holds a Mechanical Engineering degree with first class honours and a Commerce (Finance) degree from The University of Melbourne.
Chief Economist, Australian Chamber of Commerce
Dr Ross Lambie is Chief Economist and Director of Economics and Industry Policy at the Australian Chamber of Commerce and Industry. Prior to joining the Australian Chamber, Ross was Chief Economist and Assistant Secretary at the Department of the Environment and Energy. He joined the Senior Executive Service of the Australian Government in 2015 in the role of General Manager of the Resources and Energy Economics Branch at the Department of Industry, Innovation and Science. Ross’ work experience includes two years managing the economics team at the ACT Independent Competition and Regulatory Commission and almost 10 years’ experience as manager of trading teams in the New Zealand Financial Markets. He has a strong academic background in environmental, energy and financial economics and holds a PhD in Public Policy and Economics from the Australian National University. Ross has recently been appointed a vice chair of Business at the OECD’s Economics Policy Committee.
Director, Prasidium Credit Insurance
Paul has been involved in the Trade Credit Insurance market for 15 years, holding senior roles with both QBE & Atradius. Today, he is director and principal of specialist broker firm, Prasidium. Over his career, he has maintained an intimate knowledge of the Australian steel sector. He provides strong understanding around debtor insurance and the changing landscape around managing credit risk carried by steel importers, distributors, stockists and end users. If he’s not busy working, you’ll find him kicking the footy with his kids, looking for his golf ball in the trees or at the race track trying to find a winner.