SBB Steel Markets Middle East 2011
25-26 September 2011

Past events


SBB Steel Markets Middle East 2011

25-26 September


The steel market in the Middle East is set for growth. Production volumes are expected to continue increasing in the medium term, with housing, transport and energy projects now forming an integral part of most governments’ economic programmes. In a few countries though, demand is currently threatened by social instability. In the long term however, they and virtually all other countries in the region are likely to offer major opportunities for both local and imported steel products, particularly for construction and infrastructure schemes.


At SBB’s Steel Markets Middle East 2011, local and overseas producers and experts will evaluate the region’s growth potential and the future strategies of many of the main participants. A key focus of the discussion is likely to be the extent to which increasing crude steel production, supported by joint ventures, will raise local mills’ market share and result in out of region exports.


The Dubai conference will review all the main price drivers in the coming 12-18 months. To what extent will the higher volumes of local production be absorbed by more regional consumption? Will Iran continue to absorb a large volume of CIS material? Will Turkish flat products replace exports from CIS? The conference promises to be a lively forum. Join us in September.


See full programme details below:

Day 1 - Sunday, 25 September 2011
08:15 Registration

Refreshments will be provided

09:15 Welcome Address
09:20 Session 1: Keynote Address

Middle Eastern countries are set to spend hundreds of billions of dollars on infrastructure, residential and public construction over the next ten years. Iraq will undergo massive post-war reconstruction. Will regional steelmakers be capable of satisfying demand stemming from these projects? What new products will steelmakers produce and in what volumes? How can steel companies capitalise on the opportunity created by a supply-demand deficit of some 30 million tonnes between finished steel output and apparent consumption over the next decade?

10:30 Coffee Break
11:00 Session 2: The attraction of the Middle East

The high recent rates of growth in steel consumption in the Middle East (and North Africa) have attracted new investments from both joint ventures and local capital. Some of the companies are state-owned, some are private. Though there are clearly risks to such investments, the speakers in this session will review the various factors that are drawing finance to the steel sector (in contrast to others worldwide), and may do so in the future.

12:30 Lunch
14:00 Session 3: Middle East and the World

The Middle East has traditionally been a large net importer of steel and scrap. Many in the region’s governments as well as some steelmakers now say they are looking for self-sufficiency in steel. Does this make sense, given the still region needs imports of various raw materials and billet? Or should the region rather be looking to expand its steelmaking in line with demand, and develop stronger trade legislation, as elsewhere, to deal with serious cases of dumping?

15:30 Coffee break
16:00 Session 4: Distribution, Trading and Transport in the Middle East and North Africa

As the steel markets in the Middle East and North Africa grow, they will develop their own trading and distribution patterns. The main focus of supply has been and is likely to remain the construction sector; another is the oil and gas industry. Moreover the tonnages passing through these intermediaries are likely to expand as they increase their range of value adding services. This session will look at these trends, as well as the role of the trading company in the region.

17:30 Cocktail Reception

Day 2 - Monday, 26 September 2011
09:00 Keynote Session 5: New opportunities and new markets

For the future, Iraq is seen by many as one of the strongest growing national markets, but it has been slow to develop due to security issues. The Iranian market too is rapidly expanding. But there are others as well that are attracting a range of investments – both upstream and downstream – such as Oman, Jordan, Bahrain and Lebanon. This session will examine the likely trends in steel production and consumption among some of the newer markets in the coming 10 years.

10:30 Coffee break
11:00 Panel Session 6: Pricing Trends in 2011 and 2012 for raw materials and steel

Raw material costs are now seen as a major driver of finished product prices by many in the industry. This session will look at likely raw material trends in the next 12-18 months, as well as other factors, such as global over-production and slow-growing end-use consumption, that may also affect market prices. Should producers and consumers seriously consider hedging, or is this market still too illiquid to take seriously?

12:30 Closing Remarks
12:35 Lunch
14:00 Hamriyah Mill Visit

Bus leaves Shangri-La Hotel at 14:00. The return time is to be confirmed.

15:00 Visit to the Burj Khalifa

Delegates have the opportunity to visit the Burj Khalifa, the world's tallest building. From your vantage point on level 124, you will experience first-hand this modern architectural and engineering marvel with a breath-taking vista. If you would like to attend please contact +971 4 454 8700 or email Please visit the Burj Khalifa website for more information.

Price per delegate: $40 / 150 AED

Date: September 26th at 15:00


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