SteelFab - 17 YEARS OF EXCELLENCE

It has been 16 years since the region’s steel fabrication and metal working industry changed the way how it did business. It’s 16 years ago that SteelFab made its debut! A lot has changed since then, and the event continues to steer the industry through the ups and downs of the economy and the market. Over the years, it has grown with the industry, and along the way, expanded its geographical footprint far and wide.


Key Insights

➤ TOTAL NO. OF DIRECT EXHIBITORS : 291
➤ MAIN EXHIBITORS FROM : 21 countries
➤ NO. OF INTERNATIONAL EXHIBITORS : 168
➤ NO. OF DOMESTIC EXHIBITORS : 84
➤ BRANDS ON DISPLAY : 700 (from 35 countries)
➤ SPACE OCCUPIED : 11,000 sqm nett. (All 6 Halls Occupied)
➤ NO. OF TRADE VISITORS : 6838 (from 69 countries)
➤ CONCURRENT VERTICAL : 4th Fasteners World Middle East
➤ SPECIAL FOCUS: Welding & Cutting, Machine Tools, Tube & Pipe, Wear Resistance
➤ NATIONAL PAVILIONS : Germany, Italy and Taiwan
➤ OTHER ATTRACTIONS : Seminars, technical presentations & live displays

Changing Landscape

Rising oil prices and a growing regional economy has laid the perfect foundation for the 17th SteelFab 2021. Besides, with the countdown beginning for mega events like World Expo 2020, regional fabricators are expecting the best for the upcoming edition.

The Best In The Business

SteelFab, during its previous edition, once again proved that there is no match to it when it comes to providing the latest technology and industry know-how. Held in January 2018, it featured more than 1,000 brands and attracted close to 7,200 visitors during its four-day run.

What Sets It Apart

•    The only dedicated fair of its kind
•    16 years of delivering unmatched success
•    Consistent growth since launch
•    The largest showcase in the region
•    Visitors from across the globe
•    High sales, bookings & business leads
•    Extensive reach and response
•    Strong support from industry associations

A Resurgent Market

Strong resurgence in the GCC’s economic growth prospects is fuelling growth of the region’s construction, remains the biggest sector by project value, and infrastructure industries, the core sectors that are demand drivers of the metal working industry in the region. Crude prices have already hit the year’s high; and the UAE, along with Oman, is set to be the fastest growing economy in the GCC region this year. Continuing infrastructure spending, stimulus packages, reforms, and growth in non-oil sector are also providing an impetus to the industry.

EXPO 2020 NOT FAR AWAY

Preparations for World Expo 2020 have picked up pace and are generating tremendous opportunities for the fabrication sector. Expo 2020 has awarded two major contracts worth US$ 182 million to Laing O'Rourke to build two pavilions and an access road for Expo 2020. The organisers awarded construction contracts worth nearly US$ 3 billion in 2017 while US$ 111.5 million was allocated for non-construction contracts. In total, 2,745 contracts have been awarded to date.

 

The Big Picture

  • US$1.8tn, the value of projects in the construction and oil and gas industries, which account for about 58% of all projects planned or underway in the GCC
  • US$80bn worth of water, wastewater projects under way across GCC
  • US$864bn, the value of construction projects in Saudi Arabia, the biggest construction market in the region; the UAE comes second with US$575.9bn
  • US$664bn worth of oil, gas and petrochemicals projects planned or underway across the MENA region, with an estimated US$396bn worth of projects planned or unawarded
  • US$30bn major power project contracts awarded every year across the GCC
  • US$200 billion railway network will link all GCC countries and is on course to meet its 2021 target