GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share
  • The inaugural conference offers delegates an opportunity to discuss the status of the regional steel and iron market in both Saudi and the wider GCC
  • Emirates Steel is the Rhodium sponsor of the conference, being held in Riyadh between 16 – 18 September 2019
 
19 September 2019 - Dubai, UAE: The CEO of Emirates Steel, the only integrated steel plant in the UAE and a subsidiary of the General Holding Corporation (SENAAT), has addressed delegates assembled for the first Saudi International Iron and Steel Conference, which is being held in Riyadh, Saudi Arabia. Eng. Saeed Ghumran Al Remeithi, CEO of Emirates Steel, participated in the conference 2nd session titled “Middle East and North Africa Steel Outlook” during which he spoke of the importance of the GCC market to the global steel industry, alongside discussing the sector's ongoing challenges and opportunities.
 
The conference, which is held from 16 – 18 September 2019, brings together professionals from across the GCC to discuss the status of the current regional steel market. Emirates Steel is a Rhodium sponsor of the conference, highlighting its commitment to providing opportunities for the steel and iron industry of the GCC to discuss and share updates. The conference focuses on the current outlook for the regional iron and steel market, the status of the global industry in the context of tariffs, alongside discussing opportunities in construction and engineering.
 
Eng. Saeed Ghumran Al Remeithi, CEO of Emirates Steel, said: “The GCC steel producers should shift their focus towards the manufacturing industry as the manufacturing base will continue to grow in the coming years. This means that the current situation where the GCC steel industry is focused on the construction sector should be changed. We need to create further opportunities for downstream manufacturing industries in order to stimulate steel's demand in the region.  We believe that GCC governments have put the infrastructure in place, both in terms of industrial zones and transport investment and also regulations, to support downstream manufacturing industries.”
 
Continuing, Al Remeithi said: “GCC Steel producers have to focus on improving the supply chain process, reduce operation costs, improve customer's service in order to be efficient producers and overcome the market challenges which includes the global protectionism, surge of raw material prices, sluggish demand and drop in selling prices. It is within this context that it is so important that we discuss with colleagues in the iron and steel sector opportunities to mitigate the damage from these potent challenges.”
 
“At Emirates Steel we have introduced key innovations in our production capabilities, allowing us to produce steel more efficiently and recycle waste by-products effectively. During this first Saudi International Iron and Steel Conference, I look forward to discussing with partners in the regional steel market the importance of such innovation and how to best implement new technologies,” concluded Al Remeithi.
 
Emirates Steel is exhibiting its unique range of products to conference attendees who are gathered from across the GCC, speaking to customers and suppliers regarding their requirements, alongside discussing with industry partners the current status of the regional sector, and sharing best practices in production, safety, and sustainability.



Posted by : GoDubai Editorial Team
Viewed 6137 times
Posted on : Thursday, September 19, 2019  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Azizi Developments sponsors H.H. Sheikh Mohammed bin Rashid Al Maktoum Italy Endurance Festival
Next Story : Empower completes 80% construction of the world's first unmanned and fully-automated district coolin...
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Korea's Number One Beauty Brand Innisfree All Set to Celebrate the Grand Opening...
6 Trends That Will Dominate Beauty in 2020 According to Foreo
Made in Italy: Top Picks from the Latest Deborah Milano Make-Up Range
Corum Admiral's Cup Legend 47 Worldtimer'
Rado True Thinline Les CouleursTM Le Corbusier'
Introducing Zeitun Premium Face Care Collection
How to Beat Pigmentation with DERMAdoctor
Emirates Post Issues Set of Commemorative Stamps for the New Logo for People of ...
Rate Hawk is Live with Global Innovations Flagship Product TassPro and Itinerary
Achieve Gorgeous and Radiant Skin in Only 90 Seconds
Spoil her this Mother's Day with gifts from Marks & Spencer
Marks & Spencer, Britain's Best Loved Denim
Enjoy a Selection of Anti-Aging Products from Beauty Solutions
Swatch X 007 – Introducing the New James Bond Collection and Limited Special Edition
Team Abu Dhabi Riders Grab Double Triumph On Dramatic Race Day in Kuwait
Dubai Customs Graduates 1st Batch of “Dubai Customs Leaders” Program
Dubai Chamber Honours Top-performing Trading Companies
Aston Martin DBX Makes First Public Appearance in UAE
Italian Food Exports to the UAE Increases by 11%, Reports ITA Ahead of Italian P...
Laloge X Ivanka Trump
Ferragamo Sapphire Collection
HRH the Prince of Wales Officially Opens the National Automotive Innovation Centre
Spring is in the Air at West Elm
The Award-winning #burjumanfoodart Festival is Back by Popular Demand!
Buyers Rush for Majid Al Futtaim's First ‘Elan' Townhouses at Tilal Al Ghaf
Artificial Intelligence Seen to Play a Significant Role in Driving Success Rate ...
Marks & Spencer Unveils its All New Menswear
Hyundai Launches the All New I30 N in South Africa
Tag Heuer Opens Boutique at Mall of the Emirates
Etihad Airways to Operate Special Flights From Al Ain to Jeddah During Ramadan
Parmigiano Reggiano Consortium Participates in Gulfood
His Highness Sheikh Hamdan Bin Rashid Al Maktoum Opens Gulfood 2020
The Bentley Mulliner Bacalar – the Future of Coachbuilding
UAE Community Takes Millions of Steps in Solidarity With Children Who Walk Long ...
HH Sheikh Mansour bin Mohammed Visits Dubai Sports Council
GEMS Global Innovation Showcase 2020 Sees 1,500 Student Innovators and Entrepren...
Visit of Punjab Minister at Al Maya Stand @ Gulfood 2020
Mall of Oman Onboards a Host of Global Lifestyle, Fashion, and F&B Brands Ahead ...
A Game Changing, GCC First Initiative is Unveiled at Gulfood 2020: Oasis Water N...
“Planet Positive” is Tetra Pak's New Way of Doing Business
Al Wahda Mall Announces UAE Pro League Mobile Roadshow Activations
Sorbonne University Abu Dhabi (SUAD) to Host Open Day for Prospective Students
Tsitsipas Ready to Launch Another Bid for Dubai Duty Free Tennis Championships
This Unbeatable Bundle Offer makes it the Best Time to Buy the King of 5G Smartp...
Bottled Water Industry Leaders Come Together to Form Gulf Bottled Water Associat...
KIZAD to Participate in GulFood 2020 to Showcase Competitive Advantage
Upfield Unveils New Plant-Based Products and Spreads Awareness of Nutritional Be...
Airlines and Posts Cooperate Globally for a Sustainable and Reliable Cross-borde...
Statement Stilettoes from Steve Madden
Ericsson Received Awards at the Stc Partner Day for Saudization and Internationa...