What can you tell us about the current situation of Corrugated Steel Roofing construction sector in the UAE?
Although Corrugated Steel Roofing construction sector in the UAE has slowed down and 2012 was indeed a poor year, I am happy to see that this year has started with some signs of revival. Regarding the situation and conditions of the local rebar producers in the UAE, I can say that if you if you exclude ESI (Emirates Steel Industries) then all other rebar producers are between a rock and a hard place i.e. ESI & Turkish mills.
On demand side, for rebar and other long steel products in the UAE, all is sluggish and demand levels have been fluctuating recently. We hope there will be five to ten percent jump in consumption in 2013 on yearly basis. Domestic rebar production in the UAE is more than demand and this is also an obstacle.
Contact: Baosen Steel
Add: No.60 Haier Road Qingdao China