| 31 Oct 2008 |
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Global Stainless Steel Industry Marks UAE as Strategic Hub
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2nd International Stainless Steel Symposium kicks off in Dubai
Dubai - UAE - The Emirate of Dubai is well positioned to play a major role in the development of the global market of stainless flat products, according to Mr. Luigi Agarini, Managing Director of Tad Metals, one of the speakers at the 2nd International Stainless Steel Symposium, which commenced yesterday at the InterContinental Dubai Hotel.
Agarini's presentation titled, "Dubai: Strategic Point for the International Business of Stainless Flat Products" is one of many key topics to be discussed during the symposium. The geographic advantage of Dubai makes international trade of steel flat products accessible to global markets by linking western markets - including Europe and North America - and Asian markets.
"Enjoying a strategic location close to potential growth markets such as Iran, Egypt, Turkey, India, Saudi Arabia and GCC countries, Dubai has the ability to attract stainless businesses, particularly from Asia, as it offers several advantages in terms of efficiency, low-cost freight services, and the ability to reach vital markets overseas," said Agarini.
Supporting Agarini's discussion is his extensive experience gained from working with the two companies owned by TAD Group; Tad Metals FZE - operating for over 10 years- and Tad Inox Gulf, both of which are located in the Jebel Ali Free Zone, Dubai.
Agarini's recommendations at the end of his speech urged major industry organizations, such as the International Stainless Steel Forum (ISSF), to offer more support for joint efforts aimed at boosting marketing stainless steel products within European and Asian markets. He also recommended the development of a specialized free zone in Dubai, with the capacity to handle large-scale production and finishing of stainless steel flat product, supplying regional and international markets.
'This is an invitation for authorities in Dubai, known for their far-sighted strategies and policies, to consider the potentials of this market, and help support the future development of the global stainless flat products market,' concluded Agarini.
The two-day symposium, held on October 30th and 31st at the InterContinental Dubai Hotel, will provide participants with an up-to-date overview of the sector, as well as discussing innovations and trends on stainless steel markets worldwide.
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About TAD Metals:
TAD Metals is a network of processing and distribution centers specializing in stainless steel and aluminum. The TAD Metals philosophy has always been to respond flexibly and precisely with respect to the entire range of products offered.
TAD Metals focuses on good quality and competitive pricing, offered through a dynamic organization made up of people ready to adapt to specific needs, priorities and exigencies.
Rana Al Bechara
Media Relations Consultant
Buchanan Middle East
Tel:+971 4 3698568
Mobile: +971 50 4555853
E-mail: rana.albechara@buchananme.com
© Press Release 2008
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