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Preview: Steelfab 2018
Steelfab 2018
Midde East pipes & tubes sector set to turn red hot
Rising oil prices have brought the focus back on the oil and gas sector in the region with the pipes and tubes sector standing to gain the most.
The oil price has surged to four- year highs to around US$75 a barrel, from around US$55 a few months ago, boosting oil export receipts for GCC governments and encouraging them to spend more to stimulate growth.
“Every rise in the average price of oil boosts the budget posi- tion of regional governments and their spending power. Now, apart from the revival of stalled pro- jects, infrastructure, construction and transport projects are set to increase signi cantly across the GCC. Oil and gas projects account for a big chunk of active projects in the region and one segment that stands to bene t is pipes and tubes,” said H.E. Abdalla Sultan Mohamed Al Owais, Chairman of the Sharjah Chamber of Com- merce and Industry & Expo Centre Sharjah.
The buoyant market has resulted in a signi cant rise in queries for the upcoming edition of the region’s premier metal working industry event, SteelFab 2019, which hosts a special segment on Pipe and Tube Machinery. The 15th SteelFab will be held at Expo Centre Sharjah from January 14 to 17, 2019.
“With regional fabricators working with pipes and tubes seeing a steady rise in business, the Pipe and Tube Machinery section has been expanding fast at SteelFab. The continued support of a global body like the International Tube Association and rising number of participants can be seen as a proof of its popularity,” said H.E. Saif Mohammed Al Midfa, CEO of Expo Centre Sharjah.
SteelFab 2019 will continue its tie-up with the ITA, the global association for the tube & pipe industry that has hundreds of members from nearly 600 organ- isations worldwide, for the third consecutive year. Apart from facili- tating the participation of interna- tional suppliers, the tie-up helps in fostering knowledge exchange and networking.
“The International Tube Associa- tion ( ITA ) enjoyed so far a good cooperation with Expo Centre and SteelFab for the show and we are excited to continue our partner- ship, to facilitate the introduction of equipment, innovations, tech- nology and related services for the regional tubes and pipes industry.,” said Mr. Dietger Schrörs, Executive Secretary of ITA.
During the previous edition, the Pipe & Tube Machinery section featured nearly 60 exhibitors from Italy, the Netherlands, Portugal, France, Japan, the US, Germany, Turkey, Finland, Canada, Taiwan, Poland, the UK, Denmark, India and the UAE. It also saw the launch of new technology like pipe alignment trolley by Yes Machinery and pipe facing machine by Nuova Patavium, among others.
SteelFab 2018 hosted 290 exhib- itors from 28 countries who dis- played about 1,000 brands from across the world and attracted 7,123 trade visitors from scores of countries. Apart from the Pipe & Tube Machinery other special seg- ments at SteelFab 2018 included Wear Resistant, Welding & Cutting and Machine Tools, seminars & technical presentations, live dis- plays, Essen Welding & Cutting Pavilion, and the Fasteners World Middle East, a dedicated vertical for the complete range of indus- trial fasteners and xings.
Expo Centre Sharja
PO Box 3222 Sharja
UAE
Tel.: +971 6 5770000 Fax: +971 6 5770111
steel@expocentre.ae
ITAtube Journal No2/July 2018
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