13 Jan 2015
(MENAFN) According to the World Steel Association, the UAE has become the region’s third largest producer of steel, after the country produced 2.1 million tons of crude steel during the January-November period of 2014, Khaleej Times reported.
The figures were revealed at the Metal Middle East, Tube Arabia, and Arabia Essen Welding and Cutting (AEWC), the region’s trio of exhibitions for metal, pipes and welding industries, which also generated multi-million dollar deals in sale of machineries.
‘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,’ GM of Al Fajer Information and Services, co-organizers of the three mega shows along with the two German giants Messe D’sseldorf and Messe Essen, said.
The increase in steel production in the UAE is the result of it being one of the most common materials in the world, with companies relying on it for housing, transport, food and water supply, energy production, tools and healthcare.
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more