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| International
Symposium on Arab Steel Industry: opportunities and
Prospects |
With the increasing growth of the steel production capacities in the
Arab countries, the Arab region will be one of the major regions in steel
production at the world level. Acceleration of the future growth of this
industry will be strengthened by the availability of new investment
opportunities of the raw materials available in several Arab countries, at
the top of which comes the iron ore, and also by directing a number of the
new investments towards setting up direct reduction projects depending on
gas in addition to the increasing demand for the steel products in several
major steel consuming sectors like construction sector, pipes sector, and
other major steel using sectors.Where is the Arab steel industry going?
What is the reflection of acceleration in setting up new projects depending
on local sources for the development of this industry and its future
projects? To what extent the improved oil and gas prices may be considered a
driving element for setting up new steel projects and to stir the demand for
steel in the local markets? What is the position of the Arab steel industry
in the world export markets?
This is what will be discussed in the International Symposium on Growth
Trends in Arab Steel Industry to be organised by the Arab Iron and Steel
Union in the period 6 – 8 March 2006 which will be held in the most
investment-attractive Arab regions in this industry, the Arabian Gulf
region, definitely in the United Arab Emirates. |
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