Foulath Holding, a leading iron and steel group based in Bahrain, said it major subsidiary, SULB, held discussions with leading global industry players and engaged in long-term networking opportunities at the Middle East Iron & Steel Conference 2022 held in Dubai.

 

The first fully integrated light, medium, and heavy beams and structural steel sections producer in

emerging market, SULB, had a major presence at the event, as a Gold sponsor.

 

The three-day event, which concluded today (December 14), at Atlantis the Palm, Dubai, was witness to the the largest gathering of global experts from the iron and steel industry in the Mena region, said the organisers Fastmarkets.

 

The Conference delivered a suite of key industry content from senior regional experts including Ravi Singh, Chief Executive Officer of SULB for Bahrain & KSA, who was among the Keynote executive panel members alongside Engineer Saeed Ghumran Al Remeithi, Group CEO of Arkan and CEO of Emirates Steel Arkan, and Raju Daswani, CEO of Fastmarkets. 

 

The panel addressed the shift from net importer to net exporter, the changing landscape of steel production in the GCC, and the effects of higher oil prices on the region, it stated.

 

As the ideal platform gathering leading professionals in the sector, this year’s Middle East Iron & Steel Conference covered topics such as raw material dynamics, iron and steel production fundamentals and consumption drivers in Middle Eastern and North African countries. 

 

In his key address, Singh said: "SULB strives to maintain its standing as a regional leader in the steel industry with a focus on people, safety and sustainability. The highly-coveted event enabled likeminded individuals to discuss the latest developments in the sector and engage in long-term networking opportunities."

 

"As Gold sponsors for the Conference, we look forward to investing in regional events in the future to develop our connection with DRI, semi-finished steel material (Billets) and Structural Steel Sections customers with the aim of elevating our range of Bahraini and Saudi products," he added.

 

The event saw industry stakeholders focus on the emerging market trends, creating new business ties and strengthening existing ones.

 

Fastmarkets, a major cross-commodity price reporting agency (PRA) in the agriculture, forest products, metals and mining, and energy transition markets, were the lead organisers.

 

It has been hosting the event since the inception of the Middle East Iron & Steel Conference 2022, providing leading insights into steel markets for conference attendees.