3rd MENA Billet & Steelmaking Raw Materials Conference
3rd MENA Billet & Steelmaking Raw Materials Conference
من 2017-04-11
الي 2017-04-12
نبذة عن الحدث
Metal Expert is pleased to invite market participants to the two-day conference to be held in Dubai, UAE on April 11-12, 2017.
BILLET IMPORT SUBSTITUTION BY LOCAL PRODUCTS BUOYS DEMAND FOR RAW MATERIALS AND TIGHTENS COMPETITION IN LONG PRODUCTS
The region has shown signs of significant changes in square billet supply structure during the year.
The increase of domestic billet production after 18 months of stagnation has pushed demand for raw materials: DR-pellets, HBI and steel scrap.
Billet suppliers from China have been out of the MENA market in the second half of the year. But they will return as soon as demand from China’s construction sector for their products, which is mainly driven by the government stimulus, weakens.
Egypt remains the second largest billet buyer in the region after Turkey. Egypt’s steel sector still highly depends on gas supply, but billet supplier should take account of cheap long products imports from Turkey to Egypt
