Februrary 18-20, 2010
Cairo International Convention & Exhibition Centre
Metal & Steel 2010 was a great enhancement for the Metal & Steel - working industry in Egypt and the Middle East.
Egypt hosted the most specialized event in metal working, metal manufacturing & steel fabrication industries, the 3 days show Succeeded to attract exhibitors from Italy, Turkey, Russia, France, India, Canada, Germany, Kuwait, UAE, Saudi Arabia, USA and Egypt.
The Exhibition was held at Cairo International Conference Center in the period between 18 and 20 February 2010 and could bring together the leading Brands in the metal & steel industry from Egypt and abroad, The show was a platform for suppliers of raw materials, semi-finished products, final goods and surface treatment as well as producers of machines, equipment and accessories for the production, subsequent processing and refinement of metal & steel commodity.
Many of the exhibitors were delighted by the numbers of visitors, which were much higher than they expected especially because of the financial crisis and they expressed their eagerness to take part in the next Metal & Steel exhibition.
The presence of big companies at Metal & Steel offered visitors a unique opportunity to share expertise in steel fabrication, metal working, machine tool, technology Automation Systems and Ancillary Products.
The Metal & Steel exhibition has been a great success from several different perspectives according to the feedbacks, comments, and impressions collected from the participants most of them expressed their satisfaction for the overall general organization.
EGYPT, Regional Center for Manufacturing & Technology
The Middle East is one of the world’s fastest growing metal and steel marketplaces. The steel industry is booming at a phenomenal rate; however the pace of demand is far outstripping supply. The Middle East produced 26.1 million tons of raw steel and consumed 45.5 million tons in 2006. Due to rising steel demand, which is growing at 9 percent rate, by 2010 the Middle East steel will be producing 35 million tons per year, but will be consuming 73.3 million tons per year. It is growing at 9 percent rate per year.
This massive imbalance between supply and demand means immense business opportunities for those investing in increasing production in the region’s steel sectors, and lead to a surge in demand for machinery, equipment and consumables needed by steel. Fabrication yards have been kept busy at full capacity, trying to meet a constantly increasing market demand for fabricated steel, making the region one of the fastest growing and lucrative markets for suppliers of the steel fabrication industry.
So, there is a strong interest regarding the Middle East, reflecting its rapid growth in recent years and potential to become a leading player in the steel industry.
Compared to other newly industrialized countries, Egypt's iron and steel and nonferrous metals industry is well-developed. The Egyptian Steel Industry symbolizes the backbone of Egypt's economy and provides the impetus for the growth of major industries including construction and building, ship building, automotive and consumer goods. Egypt is considered the region’s major player in the steel industry.
According to the World Investment Report 2007, published by UNCTAD, Egypt was ranked as the top African nation in terms of FDI flows. In Egypt inflows exceeded US$ 10 billion in 2006. So, all the world attention is now focused on Egypt as a promising market with a strong economy.
Due to the effort of achieving the country’s goal of being industrialization, urbanization and welloff society, Egypt’s Steel Industry will remain a sustained and rapid development for a long period in the future.
With the massive increases in the production capacity of the steel, not only in Egypt but in all the Middle East, the need for a regular international exhibition for products, investment and technology is obvious, and Egypt is the natural choice for such event.