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October 2022:- Dr. Ankur Dana Invited as Keynote Speaker at Dubai Steel & Raw Materials Conference 2022 By MMSteel Club

Dr. Ankur Dana, CEO of Dana Group of Companies, was invited as Keynote Speaker at the world’s leading Steel and Raw Materials Conference 2022 by MMSteel Club held in Fairmont the Palm – Dubai, UAE. 

MMSteel Club hosted the event in the United Arab Emirates. Some industry traders, leaders, and end-users gathered to discuss important topics such as long product trends in the GCC market, analysis of UAE and KSA long performance and future expectations, flat coated steel markets in the GCC – overview & trends, and more.

Dr. Ankur Dana answered a few of the questions –

  • Can you describe the current market situation in your area?

The entire world, especially the US. European markets are currently sort of in a crisis, but compared to that, the Gulf markets, and GCC markets are doing much better than these other markets. However, the demand seems robust, although the steel prices have fallen during the last three months, that’s been the same case globally. Nevertheless, the demand in this region is continuing, especially with the projects being announced. So overall 2022, the first half of was great and Q, three of 2022 has also been okay so far. I feel GCC is pairing far way better.

  • What perspective does your company have on the steel and raw materials industry?

Since the Pandemic started and things have changed, various capacities have come up in the long protects and even in the flat steel products, even in the UAE, Saudi, Oman, and the entire GCC for that matter. So we see a trend of increasing shift towards local producers. So the end users fabricators, they’re preferring to buy locally. 

Most of the end users are fabricators, especially in the flat-coated industry. We have the roofing guys, we have the duct fabricators, so all these guys have shifted to local manufacturers as compared to their previous imports, which were largely from India and China. So that’s a good, interesting development for the local steel industry and it helps to have a healthy economy in this region.

  • What are your company’s preliminary results for 2022 —- and what do they expect from 2023?

So 2022 Q1 has been good for Dana group. We have seen a 15% year-on-year growth compared to 2021, which is good. And primarily we have seen a large chunk of it has come from Saudi Arabia, where we export quite a bit of flat steel production to Saudi Arabia. 

So we’ve seen quite a bit of prepainted and galvanized being exported to Europe. We have exported to various countries like Italy, Portugal, Spain, and Greece. So all these countries, we’ve seen healthy demand in that region immediately after the war was announced, and that was continuing for the last six months or so.

Reference link to listen to the interview in detail –

https://www.linkedin.com/posts/mm-steel-club-ltd_breaking-news-we-along-with-our-acclaimed-activity-6991028955889741824-W9vo/

https://mmsteelclub.com/interview-with-ankur-dana-for-2022-dubai-steel-raw-material-conference/

About Dana Steel-

Dana Steel is a leading manufacturer and exporter of steel coils, galvanized coils, gi sheets, sandwich panels, slitted gi coils, HDG / GI ( hot dipped galvanized steel coils ), AZ ( Aluzinc steel coils ), PPGI ( Prepainted Galvanized Steel coils ), PPAL ( Prepainted aluminum coils ) based in Dubai UAE and exporting to Saudi Arabia, Kuwait, Bahrain, Oman, neighboring GCC, Arab countries, Africa, Europe.

For Inquiries Click to Call 00971507983153Follow Us On Social Media #danagroups

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June 2022 :- Group CEO Dr Ankur Dana speaks at 11th Mena Billets and Flats Conference at Muscat Oman

Dr. Ankur Dana, Group CEO presented the Keynote Address at the 11th Annual MENA Billet & Flats Conference in Muscat Oman. Metal Expert hosted the event in the United Arab Emirates. Some industry traders, leaders, and end-users gathered to discuss the latest market developments in Flat Products such as Prepainted Galvanized Coils, Galvanized Coils, Prepainted Aluminium Coils, and Sheets in the North African and Middle Eastern markets.

Key points focused on MENA Billet & Flats Conference-

– Global trade-off balance and its consequences for MENA region

– MENA Steel market landscape and outlook

– Consumption of steel: phase in the Middle East and planned production.

– New steel production capacity in the spot billet market to minimize demand.

– Opportunities in the sense of regular market shifts.

About Dana Steel-

Dana Steel is a leading manufacturer and exporter of HDG / GI ( hot dipped galvanized steel coils ) ,AZ ( Aluzinc steel coils ), PPGI ( Prepainted Galvanized Steel coils ), PPAL ( Prepainted aluminium coils ) based  in Dubai UAE and exporting to Saudi Arabia , Kuwait , Bahrain , Oman , neighbouring GCC , Arab countries, Africa, Europe.

For Inquiries Click to Call 00971507983153
Follow us On Social Media #danagroups

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December 2021:- Virtual Conference: The Middle East Iron & Steel 2021

December 2021:- Dr. Ankur Dana have been invited as Keynote Speaker at Virtual Conference: The Middle East Iron & Steel 2021

Dr. Ankur Dana, CEO of Dana Group of Companies, invited as Keynote Speaker at Virtual Conference: The Middle East Iron & Steel 2021, December 06-08, 2021. Dr. Ankur spoke about the impact of the oil crisis on the steel industry. He also discussed what he learned from surviving Covid-19.

Main points were focused in the Middle East Iron & Steel 2021 virtual conference on oil price fluctuations throughout 2021, the demand for steel in projects has declined, the impact of the Covid-19 pandemic on regional project development.

He had also put points with other respected speakers at the conference about the impact of the oil crisis on Middle Eastern steel production, considering the longer-term impact on the steel industry, etc.

Other Panellists –

Mr. Vikash Verma (Chief Operating Office) Steel Division Al Nasser Steel, Mr. Hesham Saad (Deputy Managing Director) Arabian Steel. Mr. Muhieddine Chadila (Director) BRC.

Apart from that, Dr. Ankur Dana told what he learned from surviving Covid-19. For example, who has done well in response to the coronavirus pandemic, supply chain recovering, what to do to prepare against market shocks in the future, and many more.

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December 2021: Steel and Raw Materials Hybrid Conference was held on 7th – 8th December at Dubai

December 2021:- Dr. Ankur Dana, CEO at DANA Group Invited as Keynote Speaker at Dubai Steel and Raw Materials Hybrid Conference on 7th – 8th December 2021

Group CEO, Dr. Ankur Dana presented his Keynote Address at the Dubai Steel and Raw Materials Hybrid Conference. organized by MM Steel Club. Dr. Ankur Dana spoke on the Iron and Steel MarketDr. Ankur Dana took an Iron and Steel Briefing Session.

With Other respected panelist’s-

Mr. Emre Yildirim (Managing Partner, Integra Business Consultancy), UAE.

Mr. Alessandro Sciamarelli (Director of Market Analysis and Economic Studies, European Steel Association (EUROFER), Belgium.

Mr. Erik van Doezum (Director – Metals, Mining & Fertilizers EMEA, ING), Netherlands.

Date: December 7th – 8th, 2021

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March 2021:- Dr. Ankur Dana – CEO – DANA Group UAE granted 10 year Gold Card Residency by the UAE Government.

It is indeed a proud moment for all of us at DANA GROUP (www.danagroups.com) that our CEO Dr. Ankur Dana is among the honored recipients of the long-term Gold Card visa. The Scheme was first announced by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the Ruler of Dubai in 2019. Dr. Birbal Singh Dana, Group Chairman – DANA GROUP has already conferred the GOLD Card Status in early 2020.

Gold Card

Dr. Ankur Dana, the CEO of Dana Group, is a well renowned Indian immigrant and Entrepreneur who recently received his Card Long-Term Residency from the Federal Authority for Identity and Citizenship.

The UAE card is the core of a permanent residency program in the UAE for investors, entrepreneurs, traders, professional talents, scholars, and excellent students. The gold card’s privileges also apply to the recipient’s immediate family, including their family, who are granted the same status of 10 years long-term residency.

“It is an honor to earn this GOLD CARD status and I look forward to establishing UAE’s Footprint in the Global Industrial Markets. I have spent more than 15 years in this country and I feel blessed to be part of the progress of the Nation over the Years.” Dr. Dana said.

About the UAE Gold Card

The UAE’s permanent residency program, which was first announced in 2019, is represented by the gold card. The card’s benefits also apply to the gold cardholder’s wife and children.