Mr. Naveen Gupta is a visionary and a man with a plan to expand Metworld DMCC to mark it’s presence all over the world. Taking it further recently Mr. Naveen Gupta attended the " Iron and Steel Mills and Ferroalloy Manufacturing Market Global Briefing 2018".
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Mr. Naveen Gupta is a visionary and a man with a plan to expand Metworld DMCC to mark it’s presence all over the world. Taking it further recently Mr. Naveen Gupta attended the " Iron and Steel Mills and Ferroalloy Manufacturing Market Global Briefing 2018". The meet offers a global platform to leaders, strategists, marketers and senior management for discussing their strategies related to accessing global iron and expansion of ferroalloys manufacturing sector. Metworld DMCC is already known to clients spread across Asia, Africa, Europe and North America, now the plan is to expand its reach to more clients. Driven with this purpose the global meet is exactly the platform to chart out a blue print to its success and understand the global requirement related to metals and ferroalloys.
The metals industry comprises of undertaking various activities that includes transformation of the metal, reduction of iron ore, production of solid or molten pig iron, steel and producing the end finished product that can take many shapes like wires, electrometallurgical ferroalloys, bar, plate, etc. However, the demand for the product and the need for producing the finished product depends on the global-demand. As per a study conducted in the year 2017 Asia Pacific is known to be the largest market with regard to iron and steel mills and ferroalloy manufacturing. It is said to have a share of 67% of the entire market of the region. Next comes Eastern European that comes second in line accounting around 8% of the market share. The smallest possible region is Africa that only holds 4% of the market share.
As per the data Asia Pacific stands out when it comes to trade expansion and that is where the competition lies. Trade talks and discussion to plan ahead of the competition and to even tap the potential in lesser known markets is what Mr. Naveen Gupta, Metworld DMCC Dubai discussed at the global meet. According to him a market even with a smaller size has a potential to develop and grow if the right strategy is applied along with the amalgamation of technology.
He further opines that if one is to look at the process of production that involves addition of different elements to steel manufacturing it is possible to alter and improve the characteristics of the metal. This is where one needs to bring out the best from what is available and where one would need to synergize all their resources into producing low and high alloy metals.