2nd Nepal Trade Summit to begin today

Kathmandu, Feb. 28

Nepal Trade Summit is going to be held in Kathmandu on March 1 and 2. The summit is being organised to discuss the prospects and challenges of steel, cement and coal sectors in Nepal, said India's Steelmint Group, the organiser of the event.

The conference, which will be held at the Soaltee Hotel in Kathmandu, will assess current micro and macro situation of the Nepali steel industry, organise discussions on major government policies related to steel and cement industry, future scenario of sponge iron, opportunities for Nepali cement industry and increasing importance of quality steel production.

It will also deliberate on major challenges facing steel industry, backward integration as a measure of margin management, coal import situation in Nepal, and challenges and opportunities of these industrial sectors.

The is the second edition of Nepal Trade Summit since the advent of coronavirus – its first edition was organised in 2018.  

In the opening session of the conference, there will be a discussion about the policy of the Nepal government and its impact on the economy. Similarly, changing dynamics of the global steel market, scenario of Nepali steel and cement industry, alternatives of raw material sources for Nepali steel and cement industry, and the price range of major raw materials required for steel production will also be discussed in the opening session of the event.

In the technical session, right mix of feedstock in steel melting, steel melting technology and efficiency improvement will be discussed from Nepal's point of view, said the organiser in a statement.

Speakers of the conference include Madhukumar Marasini, Secretary at the Ministry of Industry, Commerce and Supplies; Pradeep Kumar Shrestha, Managing Director of Panchakanya Group; Rabi Singh, President of Federation of Contractors Association of Nepal; Dhruba Thapa, President of Cement Manufacturers Association; Rajendra Malla, President of Nepal Chamber of Commerce; Bishnu Kumar Agarwal, President of Confederation of Nepalese Industries; Abhijeet Mahant, Sales and Business Director of Atlas Commodities, UK; Anurag Sharma, Director and Business Head (Steel) of Jagdamba Steel; and Vice President of Electrotherm (India) Limited Dr. Swaren Bedarkar.

More than 250 delegates will participate in the summit.

Published in The Rising Nepal daily on 1 March 2023.