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Steel Demand Set for Rapid Expansion in UAE

With the growing construction market and rising infrastructure investments, steel consumption in the UAE is expected to witness rapid growth during 2007-2012.

 



(EMAILWIRE.COM, April 26, 2010 ) New Delhi, India - According to our research report "UAE Steel Industry Analysis", with the rapid expansion in the construction market, the country is expected to see-to-see robust growth in steel demand in the coming years. The country is blessed with one of the largest and fastest growing construction markets in the Gulf Region. Dubai and Abu Dhabi are the two major centers of the construction activities in the country.

The potential of steel demand in UAE can be seen from the fact that the country has the highest per capita steel consumption in the entire Gulf region and is accounts for nearly half of the total steel imports by the GCC region. Moreover, the government is committed to diversify its economy and improve the infrastructure, resulting in huge demand of steel products. As per our research, the steel demand is projected to grow at a CAGR of over 8% during 2007-2012.

“UAE Steel Industry Analysis” provides exhaustive information and detailed analysis of the fast growing steel industry in the UAE. The report also discusses the market structure, current and past market performance and factors critical to the success of the steel industry in the UAE.

Moreover, it has analyzed all the emerging trends including important drivers and key challenges to help investors understand the market conditions. The report has also identified the possible areas for expansion along with providing an overview of the competitive landscape in the concerned industry.

The report contains details of import and export as well as production and consumption of steel products and also studies the comparative position of the UAE steel industry vis-à-vis other economies of the GCC region. The report presents forecast analysis for the industry based on past drivers, challenges, and opportunities for expansion. In this way, the report depicts the most unbiased picture of the UAE steel industry that will prove decisive for the clients.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM135.htm

Check DISCOUNTED REPORTS on: http://www.rncos.com

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

Contact Information:
RNCOS
Shushmul Maheshwari
Tel: 91-120-4224-700
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