Wednesday, August 23, 2017

Expected Reduction in Import Dependency for Steel Pipes and Rebars in Saudi Arabia with New Project Opportunities for Domestic Steel Pipes Manufacturers: Ken Research

Increasing usage of polished steel pipes is expected to generate sales for steel pipes in the country.
Steel manufacturing has been vital to the growth of non-oil-dependent gross domestic product, further serving the economic diversity.
Over the forecast period, Saudi Arabia steel pipes market will prepare itself to meet the future demand expected from the substantial investment proposed in key areas such as oil and gas segment, construction sector, manufacturing sector, infrastructural development and agriculture. The demand for steel pipes used in oil and gas segment is expected to increase owning to their high level of tensile strength and corrosion resistance. Increasing usage of polished steel pipes is another major factor which is expected to generate sales for steel pipes in the country.
On the other side, demand for steel rebars is expected to increase in near future owning to high rate of infrastructural development and construction rate in Saudi Arabia. Steel manufacturing has been vital to the growth of non-oil-dependent gross domestic product, further serving the economic diversity. Mining projects and basic developmental infrastructure projects which are to be launched are further going to boost the demand for steel rebars in near future.
Despite the global economic downturn, the Kingdom plans to expand its petrochemical industry over the next 10 years to build new plants, expand existing ones and integrate refineries with new or existing petrochemical units. Saudi Aramco (the Saudi Arabian oil company) is planning to bring up new refineries and petrochemicals projects in the KSA.
Opportunities exist in the field of applying epoxy coating to steel rebars for which small and medium scale enterprises can be formed for the main purpose of improving the quality of finished steel products, thus creating additional demand for Saudi Arabia steel rebars market in future, according to the Analyst at Ken Research. 
Ken Research in its latest study, Saudi Arabia Steel Pipes and Rebars Market Outlook to 2021 – Growth of Construction Sector and Oil & Gas Projects is Likely to Drive Demand suggested that ArcelorMittal and Arabian Pipes Co. will continue their dominance but have to face fierce competition and an expected price war with National Pipe, Global Pipe Co, Saudi Steel Pipe Co and Welspun Corp Ltd for steel pipes market. Saudi Arabia steel pipes market is estimated to register a positive CAGR during 2016 to 2021. The oil companies operating in Saudi Arabia are trying to gain access to a wide variety of crudes with the help of modern horizontal drilling and hydraulic fracturing techniques which will lead to a higher demand for sour pipes in future. On the other hand, ArcelorMittal and Attieh Steel Co. will further lead in steel rebars market facing fierce competition and an expected price war with Rajhi Steel Industries, Al-Ittefaq Steel Products Co, Zamil Steel Construction Co and Riyadh Steel. Saudi Arabia steel rebars market is also estimated to register a positive CAGR during 2016 to 2021. Announcement of major upcoming projects in construction, industrial and manufacturing sector will be creating several opportunities for the local or domestic steel manufacturers, thus reducing the country’s import dependency for steel rebars from major countries such as China and Turkey.
Key Topics Covered in the Report
Saudi Arabia Rebars Manufacturers
Saudi Arabia Steel Pipe Manufacturers
Sales Steel Pipes Market
Steel Pipe Tube Supplier Ksa
Steel Pipe Suppliers in Saudi Arabia
For further reading click on the link below:
Related Reports by Ken Research
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Growing Demand for Flat and Long Steel Products to Drive Future Growth: Ken Research

How Uae Steel Pipes And Rebars Market Is Positioned?
The United Arab Emirates (UAE) is one of the major players in the Arab world. It comprises of seven emirates namely Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al-Khaimah, Sharjah and Umm Al-Quwain and are located along the southeast coast of Arab Peninsula.
The country has a population size of over 9.4 million in the year 2017 out of which more than two million people live in the capital city of the country.
In Gulf Council, UAE economy is known to be most diversified with its Dubai emirate which is acknowledged for its business worldwide and trade of petroleum and natural gas.
The country also showcases a wide customer base for steel pipes and rebars market owning to rising construction and infrastructural development in the country.
On the other hand, steel rebars market in the UAE generated revenues worth USD ~ million in 2011, which grew to USD ~ million, thus selling ~ million tonnes worth steel rebars in 2016 which is evident from five year CAGR of ~% from 2011 to 2016. Increase in usage of steel rebars is displayed through rising construction activities, increasing government and private investment spending.
By Type of Steel Pipes
Based on type of steel pipes, UAE steel pipes market was classified into ERW, Seamless; SAW and LSAW pipes. The ERW pipes segment dominated the steel pipes market with volume share of ~% in 2016 owning to high demand of galvanized coated pipes and its various applications; gas pipelines and LPG and other non-toxic gases. Whereas, seamless pipes, SAW pipes and LSAW pipes segment were witnessed to generate ~%, ~% and ~% volume shares respectively in UAE steel pipes market in 2016.
By Diameter of ERW Pipes
Based on diameter of ERW pipes, steel pipes market in UAE was classified into 0.25 inches to 6.0 inches and 6.0 inches to 12.0 inches. ERW pipes with 0.25 inches to 6.0 inches diameter dominated the market by capturing ~% of total sales volume in 2016 owning to increase in construction demand for road barriers, parking barriers, temporary fencings, steel gates and windows, road side railings, structural and fabrication work. Whereas, ERW steel pipes of diameter between 6.0 inches to 12.0 inches followed the market with ~% of total sales volume in 2016.
By Sectoral Demand for Seamless Pipes
Based on sectoral demand for seamless pipes, sectors were classified into oil and gas and construction. Low cost coupled with high yield strength and better stress corrosion resistances are responsible for high demand of seamless pipes in the construction sector. Demand from oil and gas sector was able to capture ~% volume share in UAE steel pipes market in 2016.
By Sectoral Demand for ERW pipes
ERW pipes were mainly in demand from the construction sector. In this sector, these pipes are basically utilized for dock, column; sign pole and tunnel construction. The sector captured ~% volume share in UAE steel pipes market. On the other hand, demand for ERW pipes through oil and gas and other sectors were able to capture ~% and ~% volume shares respectively in UAE steel pipes market in 2016.
By Regional Demand
Major regions in the UAE can be broadly classified into Dubai, Abu Dhabi, Ajman, Sharjah and others. Dubai region dominates the UAE steel pipes market with volume share of ~% in 2016 owning to more than USD ~ billion of active projects in Dubai alone has over ~% of the world's active cranes in operation, thus driving the demand for steel pipes in the country. Abu Dhabi followed with volume share of ~% of the total sales volume whereas; Ajman, Sharjah and other regions such as Al Ain, Ras Al Khaimah; Fujairah and Umm al-Quwain collectively captured the remaining ~% volume share in 2016.
Uae Steel Rebars Market Segmentation
By Trade
Major demand of steel pipes in the UAE can be broadly classified into domestic demand and import of steel rebars. Primarily, the local steel manufacturers have increased their production in order to cater the domestic demand and gradually reduce the market share for the import of steel products such as rebars in the UAE to ~% of total revenues in 2016.
By Sectoral Demand
Major sectors in the UAE can be broadly classified into construction, oil and gas, manufacturing and other sectors. The construction sector dominates UAE steel rebars market with revenue share of ~% in 2016. Oil and gas sector followed with revenue share of ~% of overall sales revenue whereas, manufacturing and other sectors such as infrastructure, housing and industrial sector captured the remaining ~% revenue share in UAE steel rebars market in 2016.
By Regional Demand
Major regions in the UAE can be broadly classified into Abu Dhabi, Dubai and other emirates. Abu Dhabi region dominates the UAE steel rebars market with revenue share of ~% in 2016 owning to rising construction projects in the residential sector. Dubai followed with revenue share of ~% of overall sales revenue whereas; other emirates such as Ajman, Fujairah, Sharjah, Ras al-Khaima and Umm al- Quwain captured the remaining ~% revenue share in 2016.
Competition Scenario in Uae Steel Pipes And Rebars Market
UAE steel pipes and rebars market is highly concentrated with the presence of major players such as Universal Pipes, Conares Pipes, Ajmal, KD Industries, Tiger Steel, ADPICO, Global Steel Industries, Excel Group of Companies, UAE Emirates Steel, Hamriah Steel and Union Iron and Steel Company.
The construction and infrastructure boom in the country in the past decade majorly contributed to the rapid growth of steel pipes and rebars in the industry which led to emergence of several companies in this sector. These companies are facing immense unfair competition from Chinese suppliers.
Major Players Operating in Uae Steel Pipes And Rebars Market
Universal Tube and Plastic Ind. Ltd. was established in Jebel Ali Free Zone in 1990 with a mere production capacity of ~ metric tonnes per annum. The company’s distribution offices are located in the UAE, Qatar, Canada, US, UK, Republic of Ireland, Australia and China.
Conares Co. is a diversified and fully fledged manufacturing facility based in the UAE, the strategic hub between the East and the West. The company delivered a total of ~ metric tonnes of steel to four key infrastructure projects including Jebel Ali Bridge connecting North and South of UAE.
Ajmal Steel Tubes and Pipes Industries LLC is an ISO 9001:2008 and TUV certified organization that manufactures and exports high precision ERW circular, square and rectangular hollow section tubes and pipes in both MS and hot dip galvanized finish. Its production plants are in Abu Dhabi and the company has a production capacity of ~ to ~ metric tonnes per month.
Growth Drivers, Trends And Developments, Issues And Challenges in Uae Steel Pipes And Rebars Market
Demand for flat and long steel products is witnessed to increase owning to fast expanding construction and infrastructure sector in the UAE that has led to increase in production and consumption of both flat and long steel products including steel rebars, coils, strips and sheets and plates.
Lower oil and gas prices has led to lower federal revenues in the UAE which in turn resulted into reduced spending and consequently steel consumption. A decreasing trend in the production value of crude oil and natural gas has been witnessed in the country.
Absence of domestic production for seamless, LSAW and SAW pipes in the country has led to increase in the import dependency from major countries such as China, Turkey, India, New Zealand and Italy.
Future Outlook for Uae Steel Rebars Market
The demand for steel rebars is expected to increase in near future owning to high rate of infrastructure development and construction in the UAE. From a federal perspective, the country plans to spend USD ~ billion (DH ~ billion) on major infrastructure developments across the country, including road networks and federal buildings. Substantial investment by UAE government and the 'Khalifa Initiative' in the emirates of Sharjah, Ajman, Umm al-Quwain, Ra's al-Khaimah and Fujairah, designed to ensure that inhabitants of these emirates should enjoy the same facilities as those living in the larger emirates of Abu Dhabi and Dubai has led to further boost the demand for steel rebars in the country. UAE financial institutes are very positive to support the steel industry which itself is good sign for the entire industry and future developments. It is expected that local producers will be able to offer steel products at international competitive costs coupled with the reliability of local delivery, which is far better and easier compared to imports from outside UAE, thus adding immensely to the growth of UAE steel rebars market. Far reaching urban planning initiatives such as Abu Dhabi’s Emirate-wide Vision 2030 and Dubai Urban Development Master Plan 2020 are instrumental in achieving the UAE's goal.
Companies Cited in the Report
List of Companies                                                   Companies Covered in the Report
Universal Tube and Plastic Ind. Ltd.
Conares
Ajmal Steel Tubes and Pipes Ind. LLC
KD Industries Inc.
Tiger Steel Industries LLC                                         Major Players
ADPICO
Global Steel Industries
Excel Group of Companies
UAE Emirates Steel
Hamriyah Steel
Union Iron and Steel Company
Key Factors Considered in the Report
Comprehensive analysis of UAE steel pipes and rebars market and its segments.
Listed major players and their positioning in the market.
Identified major industry developments in last few years and assessed the future growth of the industry.
Uae Rebars Manufacturers
Uae Steel Pipe Manufacturers
Steel Pipe Suppliers in Uae
Steel Pipe Tube Supplier Uae
For further reading click on the link below:
Related Reports by Ken Research
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Tuesday, August 22, 2017

Africa Stands on Dominating Position in Global Diamond Industry: Ken Research

World’s diamond supply is expected to remain stagnant over the next few decades with the increases in demand. Diamond mines are extremely rare and the supply for diamonds is in high demand. Canada produces and markets high quality diamonds in the world. It was observed that the diamond production decreased with the growing years. Alrosa, De Beers SA, Rio Tinto Plc, Dominion Diamond Corporation and Petra Diamonds Ltd. are the global largest popular diamond miners. Few other major diamond producing mines are The Argyle, Orapa, Jwaneng, Diavik, Catoca and Nyurbinskaya other than the world's largest diamond mining companies. These miners produced above 150 million carats of rough diamonds in a year. The rough diamonds are sent through the so-called diamond pipeline. The produce a diamond, the rough diamond undergoes various processes. The chain runs from dealers to diamond cutters, polishers, to jewellery manufacturers, to retail stores, and finally to consumers.
According to the research report “Global Diamond Mining to 2020”, it is expected that the demand for diamonds is expected to grow worldwide, with the decline in the diamonds supply over the coming years. Gahcho Kué, is the largest new diamond mine in Canada that will produce up to 6 million carats annually by the year 2020. Russia, Botswana, the Democratic Republic of the Congo (DRC), Australia, Canada, Zimbabwe, Angola and South Africa are the top eight rough diamond production centres. These countries account for the 97% of the global diamonds production. The world's largest diamond mining companies account for 70% of the global diamond production.
Rough diamonds are usually found in kimberlite, lamproite and alluvial deposits. The Botswana’s Orapa region and in South Africa has the world’s largest kimberlite reserves and the Atlantic coasts of South Africa and Namibia possess alluvial deposits. The lamproite deposits are found in the Australian Argyle mine in Kimberley region. The expansion of global diamond mining operations mainly focuses on the accessibility of diamond deposits and the depth of occurrence of the rough diamond deposits which are increasing challenges in the diamond mining market.
Global Diamond Mining to 2020, report includes global reserves of diamonds, global rough diamond processing, and diamond trade in the next few decades. The diamond mining project are becoming more capital intensive, necessitating substantial investments, especially in the field of technology. The actively operating diamond mines in the world are in Asia-Pacific (APAC), Oceania, Middle East and Africa (MEA), Americas and Former Soviet Union (FSU). There are various factors affecting the global diamond industry are demand for diamonds, reserves, historic and forecast production, major exporting and importing countries, active, exploration and development projects and the competitive landscape.
SSA (Sub-Saharan African) countries will continue to dominate global diamond production, supported by operating costs and strong projects in the pipeline. The diamond production growth is majorly driven by African countries even though Russia is the world's largest diamond producer in the world. The top diamond producers in South Africa are Congo- Brazzaville, Ghana, Guinea, Guyana, Lesotho or Sierra Leone.  African miners benefit a lot due to competitively low operating costs and solid project pipelines. Foreign miners look forward to invest in mines that have already yielded sizeable diamond recoveries.
The production cost is all set to increase with the increasing transparency and ensuring responsibly sourced diamonds. With the younger generation more attracted to the diamonds and with more consumer spending limit there is a growth in the diamond market along with supported production. As the supply of diamonds slows down in the next few years the price is expected to remain stagnant. However, if global production continues to increase with the demand then the oversupply will lower the diamond prices. The SSA countries are highly depended on diamond revenue; therefore, the diamond producers are more exposed to price fluctuations.
Key Topics Covered in the Report:
Global Diamond Reserves by Country
Global Diamond Mining Reserves by Selected Operating Mines
Global Diamond Industry research
Diamond demand in North America
Europe Diamond market demand analysis
Global Precious metals market analysis
Global mining equipment market research
Diamond Market projections analysis
South Africa Diamond sector analysis
Russia Diamond jewellery market
US diamond jewellery market research
Asia Pacific Diamond jewellery market
To know more, click on the link below:
https://www.kenresearch.com/metal-mining-and-chemicals/mining/global-diamond-mining/70766-101.html
Related reports
https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/global-diamond-mining-investigation/82779-101.html
https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/global-diamond-mining/84835-101.html
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204
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Increasing Demand for Flat and Long Steel Products Owning to Growth in UAE Construction Sector is Driving Demand for Steel Pipes and Rebars in the UAE: Ken Research

Steel consumption in the UAE has witnessed a tremendous growth supported by rising construction activities, increasing government and private investment spending, thus collectively generating high demand for steel rebars in the UAE.
The report titled “UAE Steel Pipes and Rebars Market Outlook to 2021 – Growing Demand for Flat and Long Steel Products to Drive Future Growth” by Ken Research suggested a five year positive CAGR in sales volume for steel pipes and revenues for steel rebars in the UAE for the projected period 2017-2021.
Fast expanding construction and infrastructure sector in the UAE has led to increase in production and consumption of both flat and long steel products including steel rebars, coils, strips and sheets and plates. Ongoing projects in the UAE, especially the projects related to infrastructure development to host the World Expo 2020 in Dubai are going to increase in demand for flat and long steel products. Steel Rebar is a key construction commodity, which has sailed through many price corrections. Moreover, UAE is a large market for international steel pipes which was evident from the fact that steel pipes market in UAE including seamless, SAW and LSAW pipes is highly import driven, thus resulting into less presence of manufacturing units in the country. Domestic manufacturing of ERW pipes is the major source of revenue for steel pipes market in the UAE.
In order to ensure that every emirate region has a suitable and adequate housing, Abu Dhabi government provides a wide range of choices in housing and funding such as house and land allocation, housing loans, construction loans and others which further boosts the demand for steel rebars in the country. Revenues in UAE steel rebars market constitutes selling steel rebar units majorly in oil and gas, construction, manufacturing and other sectors.
Major companies such as Universal Tube and Plastic Ind. Co, Conares, Ajmal Steel Tubes and Pipes Industries LLC, KD Industries Inc, Tiger Steel Industries LLC, ADPICO, Global Steel Industries, Excel Group of Companies, UAE Emirates Steel, Hamriah Steel and Union and Iron Steel Company for steel pipes and rebars are maintaining quality standards owning to specific ISO certifications and API quality standards.
Key Topics Covered in the Report:
Steel Pipe Tube Supplier Uae
Universal Tube and Plastic Market Share
Uae Seamless Steel Pipe Industry
Steel Pipe Suppliers in Uae
Uae Rebars Market
Imports Steel Rebars Uae
Uae Rebars Manufacturers
Uae Steel Pipe Manufacturers
For further reading click on the link below:
Related Reports by Ken Research
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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