Qatar- Steel fabricators upbeat despite low oil prices
Date
1/18/2016 1:10:34 AM
(MENAFN- Gulf Times) Despite low oil prices the steel fabrication and metal working industry is looking to sustain its growth in the Gulf region it was announced at the “12th SteelFab 2016” which opened yesterday at Expo Centre Sharjah.
Steel fabricators are banking on commitments by regional governments to continue spending aimed at keeping the economies growing. Besides most Gulf countries have reiterated their decisions to carry on with their infrastructure plans a move that will keep the order books full for fabricators.
The four-day exhibition was inaugurated by Sheikh Khalid bin Abdullah bin Sultan al-Qassimi chairman of Sharjah Sea Ports and Customs in the presence of Expo Centre Sharjah CEO Saif Mohamed al-Midfa other officials dignitaries and industry representatives.
The steady demand from the core sectors led by the continuing infrastructure projects are encouraging regional fabricators to look at acquiring cutting-edge equipment advanced technologies and applications for all their metal forming fabricating welding and finishing needs thus underscoring the importance of SteelFab and its increasing exhibitor as well as visitor turnout every year.
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