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United Arab Emirates Metals Report 2016

United Arab Emirates Metals Report 2016

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.

BMI Industry View
Metals SWOT
Industry Forecast
Steel: Increasing Reliance On Imports
Major Developments
Table: Steel Production & Consumption (United Arab Emirates 2011-2019)
Table: Steel Industry Historical Data (United Arab Emirates 2006-2013)
Aluminium: Rapid Growth In Consumption
Consumption: Growth Bolstered By Expo
Balance: Growth In Aluminium Exports & Bauxite Imports
Regulatory Development
Highly Favourable Business Environment To Remain
Table: UAE - Political Table
Commodities Forecast
Commodities Outlook
Table: BMI Commodities Price Forecasts
Competitive Landscape
Table: Middle East - Largest Listed Metal Producers
Company Profile
Emirates Global Aluminium
Emirates Steel
Cross Checks

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