01 July 2004
Age Intrade, a leading Dubai-based steel supplier, is optimistic of a strong performance in the year ahead, following the boom in construction activities in the emirate.
“The outlook for the steel sector and the company is very good, considering the phenomenal rate of construction in Dubai and other GCC states,” says a spokesman for the company. “We are looking forward to build the company’s international presence and increase its current market share several fold.”
Age Intrade is also establishing a sister concern – Age Steel Limited in Jebel Ali Free Zone – which is considered to be the first step towards becoming a regional player.
The new company with state-of-the-art facilities will enable Age Intrade to double the structural steel handling and stocking capacities for meeting the ever-increasing demand in local and regional markets.
“With Age Steel in full operation, the company expects a boost in business,” the spokesman adds.
Established in 1979, Age Intrade is registering a double-digit growth rate and is considered to be one of the leading suppliers of structural steel to fabricators, oil companies, shipbuilders, energy companies and the construction industry. The company has progressed rapidly since its inception and, with enhanced services, intends to increase its share in the local market while diversifying its portfolio in the international market, he says.
Run by second-generation steel traders, the company imports steel from all over the world and is handling projects in the UAE and the other GCC countries.
The company deals in a wide variety of structural steel items including MS (mild steel) channels checkered plates, equal angles, I beams, MS flat bars, MS round and shafting bars, MS T sections, hollow sections, U beams, columns and channels, aluminium sheets and plates.
“Because of our proven track record, we are well placed to meet the demands of our clients, unlike any of our competitors. Age Intrade is one of the largest stockholders of structural steel in the UAE. With low overheads, highly skilled workforce and use of advanced IT solutions, it has consolidated its financial foundations,” the spokesman explains.
“We have gained our customers’ confidence through timely and reliable service. The company has invested heavily in improving and expanding its infrastructure, to gain a reputation of being the most dependable structural steel supplier and remain the market leader,” he adds.
Age Intrade stock is managed by a fleet of trailers, trucks and forklifts to ensure smooth and efficient operations at all times.
Founded by the late Ghayoor Siddiqui and his brother Misbah Siddiqui, Age Intrade has a rich past. In line with its tradition of serving its customers to the best of its ability, the company has also upgraded its website.