Dubai: Fastmarkets and Emirates Steel, a part of the EMSTEEL group, have announced a strategic five-year partnership to bolster the UAE’s standing in the global iron and steel industry. Under the agreement, Emirates Steel will become the “Regional Host Sponsor” for the annual Middle East Iron and Steel Conference from 2024 to 2028.
According to Emirates News Agency, this collaboration aims to leverage Emirates Steel’s leadership in the industry alongside Fastmarkets’ expertise in market analysis. The partnership seeks to elevate the conference’s profile, drive innovation within the industry, and solidify the region’s status as a leader in green-steel innovation.
The Middle East Iron and Steel event has long served as a pivotal gathering for industry professionals. This year’s conference, commencing on 18th November at the Madinat Conference Centre in Dubai, is expected to attract over 1,300 stakeholders, thought leaders, and innovators from more than 60 countries, covering the entire supply chain.
This st
rategic alliance highlights the commitment of Fastmarkets and Emirates Steel to foster regional growth and promote the UAE and the Middle East as a dynamic force in the global iron and steel market.
Raju Daswani, CEO of Fastmarkets, expressed his enthusiasm about the partnership, stating, “This partnership further strengthens Middle East Iron and Steel’s position as the number one event regionally and its increasing influence globally, reflecting the significant role the region itself has in leading the sustainable steel industry. We look forward to working together to achieve our shared goals and delivering ever more value to our stakeholders and all market participants.”
Saeed Alghafri, CEO of Emirates Steel, highlighted the importance of this collaboration, saying, “We are honoured to be playing such a crucial role in positioning the UAE as a global hub for the iron and steel industry. With new challenges arising on the regional and global fronts, we have forged a truly impactful and sustainable alliance
with Fastmarkets that aims to drive transformation and creates a platform for all stakeholders in the sector to exchange knowledge, discuss emerging trends and explore solutions that will shape our future.”
