Drop In Price Of Steel In UAE
Steel prices in UAE continue to fall down which benefits manufacturers of steel products.
Online, May 27, 2010 (Newswire.com) - Steel is a very important metal for the manufacturing industry. This metal sees higher demands from manufacturing verticals. The use of steel is very evident in the construction industry; this industry uses a lot of steel in their projects. This metal is expensive, but recently there is news mentioning that price drops are the expected in the near future. The metal is already experiencing fall in the price and is expected to go down more. This really serves a good opportunity to manufacturers who are in need of steel. According to industry experts this is the right time to purchase steel in bulk as prices are low.
Experts in metal industry said that the fall in price of steel is mainly due to the reduced rates of scrap. The demand is not increasing in fact there could be further fall in the demand for steel. This will really help manufacturers who produce products made of steel. But at the same time manufacturers are worried about the quality of steel. There are many companies who deal in stainless steel scrap in Dubai but companies who are known for providing quality products are selected. Most of the manufacturers believe that Lucky Group is well known company when it comes to metals. This company has trustworthy name in the market and is known for its reputed image in global metal industry.
Lucky Group (www.luckygroup.com) contributes to several other environmentally conscious industries world wide as an alloy manufacturing and metal recycling company in Dubai. Their mission is to cater to the metal requirements of their customers, expand their supplies, as well as create strategic alliances with key suppliers. Lucky Group's scarp metal recycling interests are handled by their flagship company Lucky Recycling and their associate company Fortune Metals established in Toronto, Canada. To learn more about Lucky Group, visit: http://www.luckygroup.com also visit http://luckygroup.wordpress.com/
Contact Us
Salman Shaban
Marketing Manager
Lucky Group
P.O. Box: 5328
Dubai,
United Arab Emirates
Tel: +9714 2637000
Email: marketing@luckygroup.com
Website: http://www.luckygroup.com