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The Dubai Chamber of Commerce established the Steel Manufacturers Business Group to unify the voices of steel companies, address common challenges and enhance the competitiveness of the industry.
The new business group recently held its first meeting at the Chamber’s headquarters in the presence of Bharat Bhatia, Chairman of the Steel Manufacturers Business Group, and Hassan Al Hashemi, Vice President, International Relations, Dubai Chamber of Commerce.
The meeting outlined new plans and priorities to support the growth of companies in the steel industry.
suitable platform
Al Hashemi stressed the importance of the group providing industry players with the right platform to voice their concerns, share knowledge and recommend policy changes to improve the business environment. He explained that the formation of the group is a prime example of the close and seamless cooperation between Dubai’s public and private sectors, which remains one of the emirate’s greatest competitive advantages.
Bhatia said: “As CEO and founder of Conares, the second largest privately-owned steel manufacturer in the Gulf, I am very proud and delighted to lead the group of manufacturers. The purpose of SMG is to help maintain the efficiency of the steel market in Dubai and the north of the UAE. , To meet domestic and regional demand, balance the supply and demand equation.
“Our main focus is to invite trade community groups to build strong relationships and support the desire of local markets to adjust traders. Our aim is to create a positive relationship between manufacturers and traders that benefits the economy,” Bhatia said. .
share insights
He added that the group will share insights on the steel industry covering multiple topics such as rebar imports, market trends, product costing, etc., promoting local products as this will help members raise key market issues with authorities and maintain The steel market is in the UAE and meets domestic and regional demand, balancing supply and demand.
Business groups and councils play a vital role in promoting and supporting Dubai’s economy as they work together to ensure a conducive business environment and support the interests of their respective members.
The Dubai Chamber of Commerce works closely with the various Dubai business groups and councils operating under its umbrella to address common challenges and share their recommendations to improve ease of doing business and provide them with access to global growth opportunities. — arab trade news agency
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