ABU DHABI, 25th October, 2016 (WAM) -- The Arab Steel Summit and International Exhibition concluded its 2016 activities in Dubai last week, having seen the participation of leading regional steel companies, including Emirates Steel, the only integrated steel plant in the UAE, owned by Senaat.
The two-day event was organised by the Arab Iron and Steel Union. Emirates Steel was participating along with leading iron and steel companies from the region, including Sabic, Al Rajehi, IZZ Steel and other companies from Morocco, Algeria and various Arab countries. The challenging regional and global market conditions dominated discussions at the conference where participants debated different options and measures to counter the threats to the Arab steel industry. During the summit, Emirates Steel gave a presentation on the steel sector in the Arab region, covering issues of trade, regulations and co-operation. The presentation also tackled the topics of steel exports and imports, consumption and capacities. The summit participants also discussed consolidation and mergers in the world steel industry and their impact on the Arab steel markets, trends of growth and development in the steel industry and steel markets in a number of regions around the world.Copyright Emirates News Agency (WAM) 2016.
