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United Arab Emirates Metals Report 2016

  • November 2015
  • -
  • Business Monitor International
  • -
  • 23 pages

BMI View

: The UAE will see rapid growth in metals consumption over the coming years after a slew ofconstruction projects. Production growth will also be high given expansion plans by the major players andthus the UAE will remain a major metals exporter in the region.We expect the UAE to be a key driver of metals demand on a global level as the country embarks on aninfrastructure spending binge. Given our expectation for rapid growth in the economy, as well as the hostingof the World Expo 2020, steel and aluminium consumption growth will be in double digits for the period to2018. Production growth will also be significant given plans by Emirates Global Aluminium andEmirates Steel and ensure the country maintains its position as the Gulf's largest metals exporter in thecoming decade.

Table Of Contents

United Arab Emirates Metals Report 2016
BMI Industry View 5
SWOT 6
Metals SWOT 6
Industry Forecast 7
Steel: Increasing Reliance On Imports 7
Major Developments 9
Table: Steel Production and Consumption (United Arab Emirates 2011-2019) 10
Table: Steel Industry Historical Data (United Arab Emirates 2006-2013) 10
Aluminium: Rapid Growth In Consumption 11
Consumption: Growth Bolstered By Expo 11
Balance: Growth In Aluminium Exports and Bauxite Imports 12
Regulatory Development 13
Highly Favourable Business Environment To Remain 13
Table: UAE - Political Table 14
Commodities Forecast 15
Commodities Outlook 15
Table: BMI Commodities Price Forecasts 15
Competitive Landscape 16
Table: Middle East - Largest Listed Metal Producers 16
Company Profile 18
Emirates Global Aluminium 18
Emirates Steel 21
Methodology 23
Cross Checks 23

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