Asia has always been the leader in world steel consumption with around half of the world steel demand generated in Asian markets. The Asian region comprises of developing countries where infrastructural development is on the forefront of the agenda. This is especially true in case of gulf region where infrastructure development is on the upswing. One can see construction activity going on all over the region. This is expected to continue for years to come and thus steel demand in the region will expand rapidly. All this makes gulf one of the the most favoured destination for not only to steel makers but to all the allied businesses too.

As we all know, gulf region is a net importer of steel. The sources are Turkey, CIS countries, Ukraine, China, India and so on. With the expected growth in demand of steel, many business houses have announced brownfield as well as greenfield expansion programmes which will substantially increase the steel making capacity of the region. Along with it, down the line facilities like rolling, slitting, galvanizing, fabrication are also coming up. Indeed, iron & steel industry in the gulf region is all set for a long leap in next few years !!