Announcements
Our Association Partner BMR Concludes 6th International Conference Successfully
In its 6th year, the 2017 BMR International Conference convened at Madinat Jumeirah , Dubai on 04-05 March 2017 where metal producers, traders, recyclers and end-users together from across the globe gathered to discuss the current state of the market; indeed the event concluded with a great success and is attended by more than 470 delegates from different countries.
Engr. Salam Al Sharif, Chairman of Sharif Group, BIR Ambassadors Committee Chairman and BMR President imparted his insights on the “Shifting Global Economic Landscape & Affect on Base Metals “he discuss that since the transformation in Chinese strategy & it’s affect on base Metal’s prices. Where fundamentals are playing rational roll in supply and demand balance. He added that the as PETRO DOLLAR was the main contributor to the massive growth of our region, the sharp decline, has shifted TRADE SURBLUS TO DEFICIT, INVESTMENT TO AUSTERITY, EXPANSION TO CONTRACTION, DIVERSITY FROM OIL . The impact of global trends in the Middle East, where the oil appears to determine the fate of so many sectors, it is especially hard.
The BMR President also gave emphasis on the importance of cooperation between BMR other national and regional associations in successfully delivering the crucial mission of staying in the course of higher industry growth and how associations are working together to overcome trade challenges, all for the betterment of its members and the industry as a whole.
Engr. Salam Al Sharif has taken the opportunity to promote the 7th BMR International Conference to be held on March 2018 in Dubai and also urged the delegates to attend the BIR Convention in Hong Kong on 22-24 May and to the first ever BIR Convention in New Delhi, India on 14-16 October 2017.