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Steel products in big demand globally.

UAE 'third biggest steel producer in Middle East'

DUBAI, January 12, 2015

The UAE has become the third largest producer of crude steel in the Middle East region with an output of 2.1 million tonnes in the first 11 months of 2014, according to recent figures released by the World Steel Association.

The data was highlighted on Monday (January 12) on the third day of Metal Middle East, Tube Arabia and Arabia Essen Welding and Cutting, the region’s trio of exhibitions for metal, pipes and welding industries being held in Dubai, UAE.

The exhibitions generated multi-million dollar deals in sale of machineries on the third day, with even higher expectations for the concluding day today.

Satish Khanna, the general manager of Al Fajer Information and Services, the co-organisers of the three mega shows along with the two German giants Messe Düsseldorf and Messe Essen, said: “We are not surprised with the response in three days. Tubes and Metal industries are witnessing accelerated growth, driven by several factors, especially expansion and development of oil and gas operations, infrastructure projects, urban areas and populations.”

“This usually brings benefit to all the allied sectors,” Khanna added. “We have huge expectations for the concluding day, as trade visitors are thronging the venue until the final hours,” he added.

Khanna said the UAE was witnessing a rapid population growth and urbanization, along with the expansion of energy-intensive industries.

"These products form the arteries of societies, transporting water, sewage, gas and crude oil, without which life as we know it would be unsustainable," he noted.

Jeen Joshua, the exhibition group manager, Al Fajer Information and Services said: "Today, steel is one of the most common materials in the world. We rely on it for our housing, transport, food and water supply, energy production, tools and healthcare."

"Nearly everything around us is either made of steel or manufactured by equipment made of steel," he stated.

“According to an estimate, for every newborn baby there is a need for two metres of new pipeline, which is an indicator of the growth potential for these key sectors,” said Joshua.

“We are extremely delighted with the footfall so far for our exhibitions. It is quite unique to have such related shows into one platform, which ensures a larger number of exhibitors coming into Dubai at one time and offer a wider choice to buyers,” he added.-TradeArabia News Service




Tags: UAE | Middle East | Steel |

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