01 November 2019

Emirates Steel is returning to The Big 5 show in Dubai for the 10th consecutive year, where it will showcase its wide range of products, services and solutions that continue to be enhanced and refined.

 “The Big 5 show is an unmissable opportunity for us to be able to discuss our current products, services and solution offerings with partners and customers in the construction industry,” says Engineer Saeed Ghumran Al Remeithi, chief operating officer of Emirates Steel. “Through speaking to customers we are able further tailor our offerings to their needs and strengthen our partnerships.”

Emirates Steel is one of the leading producers of rebar in the region. Last year, it produced 2.1 million tonnes, and maintains a 60 per cent share of the UAE rebar market, says Al Remeithi.

At The Big 5, Emirates Steel will showcase its rebar and hot-rolled structural steel sections, including beams, columns, and sheet piles, all of which are in-demand products within the region.

“During the show, we will display our products alongside sharing the wider applications of our products and services and our tailor-made offerings for the construction sector. We look forward to strengthening our existing partnerships and developing new ones through our participation at The Big 5 this year,” he states.

Al Remeithi continues: “We will be particularly interested to participate in sessions regarding the offsite and modular construction sector, as we have witnessed the growth of this sector across construction applications and look forward to discussing with partners their requirements in this sector. We are also keen to discuss how new trends and technologies are influencing construction with delegates during the event.”

Emirates Steel supplies a wide variety of customers within the Gulf region with products, services and solutions for the construction, engineering, and hydrocarbons sectors.

“The region was one of our earliest export markets and remains one of our most important, given our location in Abu Dhabi. We are proud to continue to serve the GCC steel market,” he remarks.

Commenting on the outlook for the construction industry in the region, he says: “The Gulf construction industry has seen some level of contraction over the past five years, with the market contracting by a third between 2014 and 2018, according to a report from Deloitte. However, action taken by national governments has led to exciting opportunities for suppliers to the construction industry. The announcements regarding the $500-billion Neom city development in Saudi Arabia are a particular example of the growth within the GCC construction sector.

“In the UAE, we are currently looking forward to Expo 2020, and the period following the exhibition, which EY has forecasted to contribute Dh122.6 billion to the UAE’s economy by 2031. Currently, there is a robust pipeline of projects exceeding $2.5 trillion of planned or unawarded projects in the Gulf, with Saudi Arabia and the UAE providing over 75 per cent of this pipeline spending. As such, the sector still promises healthy growth for years to come.”

Emirates Steel remains focused on its development plans and in the next five years, it intends to be present in every relevant industrialised market in the world with its innovative steel solutions, according to Al Remeithi.

“Our vision is to be a world-class steel manufacturer, providing the highest quality products, services and solutions to our customers, and maximising returns to our shareholders.

“Moreover, we strive to deliver value to our stakeholders by following a clear strategy, whereby we target the construction, manufacturing and industrial sectors with their requirements of high quality steel products while maintaining safe and environment-friendly work practices across our operations and creating employment opportunities and inspiring our workforce to excel,” he concludes.  

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