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RNCOS Releases a New Report- UAE Steel Industry Analysis
RNCOS has recently added a new Market Research Report titled, "UAE
Steel Industry Analysis", to its report gallery. According to the
report, UAE is one of the most promising steel markets in the GCC region
with its production reaching to 1.7 Million Tons in the year 2006.
Construction boom, cheap and reliable gas and energy supply, besides its
geographical positioning are the major driving forces for the steel
industry in the UAE. According to "UAE Steel Industry Analysis", the
latest market research report by RNCOS, it is expected that the industry
will grow over 200% by 2012 from the current level.
The latest RNCOS report focuses on the growing marketplace for steel
sector in the UAE and thoroughly studies market trends, evolving
markets, and growth prospects. It assesses the present status of the
steel industry in the UAE and GCC region, and identifies investment
opportunities. It also forecasts the future of the industry, which is
based on a correlation between past market growth and growth of base
drivers, such as economic performance of the country, long-term metal
demand, competitive structure, and government rules and regulations.
Key Highlights of the Report
- Total steel production in the GCC region reached 15.65 Million Tons in
2006 while that in the UAE touched 1.7 Million Tons during the same year
and is expected to grow 235% by 2012.
- Steel consumption of the UAE is highly influenced by the recent boom
in construction and infrastructure development. The value of
construction contracts awarded by the end of 2007 is estimated at US$
32.8 Billion as compared to US$ 16.1 Billion at the end of 2005.
- There is huge capacity expansion in pipelines in the UAE steel
industry, wh ich will result in economies of scale for steel producers
in the country.
- Economic growth and energy resources (oil and gas) are also helping
the UAE steel industry to grow rapidly.
Key Issues & Facts Analyzed in the Report
- What are the major attractions and opportunities for the UAE steel
industry?
- What is the current statistics of the GCC steel industry?
- What is the role of the UAE in the steel industry of GCC?
- What are the challenges threatening the UAE steel industry?
Key Players Analyzed in the Report
This section covers the key facts on major players currently operating
in the UAE steel industry, such as Emirates Steel Industries, Al Nasser
Industrial Enterprises, Alam Steel Industry LLC, and Qatar Steel.
Research Methodology Used
Information Sources
Information in this report has been sourced from books, newspapers,
trade journals, white papers, industry portals, government agencies,
trade associations, monitoring industry news and developments, and
through access to more than 3000 paid databases.
Analysis Method
Analysis methods used in the report include ratio analysis, historical
trend analysis, judgmental forecasting, and cause and effect analysis.
About RNCOS E-Services Pvt Ltd.
RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.
For more information visit:
http://rncos.com/Report/IM135.htm
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Investorideas.com® or any of the industry sector portals cannot assure accuracy of the research presented. Investors are encouraged to research and verify facts and under no circumstances is Investorideas.com® endorsing the content as a recommendation to buy or sell stock.
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