October 2024: Ankur Dana to Speak at the 17th Arab Steel Summit in Doha, Qatar
Ankur Dana to Speak at the 17th Arab Steel Summit in Doha, Qatar
Ankur Dana to Discuss Steel Consumption Trends and Profitability Strategies at 17th Arab Steel Summit
Ankur Dana, CEO of Dana Steel, will be a featured speaker at the 17th Arab Steel Summit, taking place in Doha, Qatar. As a leading figure in the steel industry, Ankur will address pivotal questions on the future of steel consumption in the Arab world, the growth strategies for regional steel companies, and how producers can maintain profitability amidst fluctuating raw material costs and increased investments in green technologies.
Ankur Dana will explore the evolving role of steel in the Arab region, traditionally driven by construction and infrastructure. He will analyze how the region’s steel consumption compares to global averages, and how recent trends in mega-projects have impacted the industry.
“In recent years, the Arab world has witnessed a surge in steel consumption due to large-scale infrastructure projects. But as these mega-projects stabilize, the industry must look towards new markets and applications to sustain growth,” says Ankur Dana. He will outline the emerging sectors, such as renewable energy, electric vehicles, and sustainable construction, which present significant opportunities for steel producers in the Arab world to diversify and expand.
Ankur Dana will also share his insights on how MENA steel producers can navigate the volatility of raw material prices, which poses a challenge to profitability. “Maintaining profitability while transitioning to greener technologies requires a dual approach. On one hand, we need to manage costs efficiently, and on the other, we must invest in sustainability initiatives, such as green steel production, that position us as leaders in a changing market,” he notes.
Attendees of the Arab Steel Summit will gain valuable insights into the strategies proven to ensure long-term resilience in the steel industry, including operational efficiency, cost optimization, and investments in innovation and sustainability. Dana Steel continues to play a key role in shaping the future of steel production in the region, with a focus on sustainability and innovation. The 17th Arab Steel Summit offers a platform for industry leaders to discuss these crucial issues and forge the path forward.
About Dana Steel:
Dana Steel is a leading steel manufacturer in the MENA region, committed to delivering high-quality, sustainable steel solutions for a range of industries. With a focus on innovation, sustainability, and operational excellence, Dana Steel remains at the forefront of the industry’s evolution.