BROWSE THROUGH OUR TRADE FAIRS IN UAE FOR METAL WORKING INDUSTRIES INDUSTRY

The United Arab Emirates, or UAE, is among the comparatively recent yet high-value and comprehensive countries of the metalworking industries. This is due to the segment in the state being one of notable extensiveness and high annual turnover rates. For example, it has expanded to include more than 6 700 in the basic and fabricated metals (B&FM) sections in recent years. Such SMEs and extensive corporations employ more than 173 000 specialists throughout the value chain. They also produce notably high production and added value. For example, the B&FM segments have generated a production value of 126 669 500 000 AED in recent years. Likewise, they have produced an added value of 37 435 900 000 AED. It is because of the sector's considerable production capacity. For example, the state has an installed capacity of 7 720 000 tonnes per year or tpy for long steel production and 4 230 000 tpy for semi-finished steel. As a result, it has produced around 3 200 000 metric tonnes of steel in recent years. Also, the market segment is projected to continue its upward trend at a CAGR of 3% in the subsequent years. Among the central reasons is its chief focus on research and expansion. It includes extensive investments from the country’s government. The segment generally presents its latest innovations during trade expos. Examples feature events held every year in diverse cities. Such expos attract thousands of attendants.