TPT March 2023

INDUSTRY

Made in Steel sets record as 2023 event is sold out

MADE in Steel has closed exhibitor registrations as all space at the event has sold out. The 10 th edition of the international exhibition dedicated to the steel supply chain takes place from 9 to 11 May 2023 and will cover more than 14,500m 2 in halls 22 and 24 at the fieramilano Rho venue. This is a record for the event, which marks a 45 per cent growth in exhibition area compared to 2021 and a 13 per cent growth compared to the previous record edition in 2019. Other key indicators also show a marked improvement when compared with past editions. Exhibitors are up 28 per cent compared to 2021; 25 per cent of them are foreign. Almost all major global and domestic steel groups will be present. “This is an important result, which rewards the quality of the event – the Italian steel community and our commitment to ongoing improvement. Made in Steel 2023 will be an important moment for international steel: three days of business and conferences, to reflect together on the future of our world, in a critical moment like the one we are facing,” said Paolo Morandi, managing director of Made in Steel. The title of the 10 th edition of the event is “Generations: re-imagining our world.” The conferences will focus on the short- and long-term outlook for the steel industry. The aim is to give operators the tools to intercept market MESSE Düsseldorf has expanded its metal trade fair portfolio with an investment deal in Cairo, Egypt. As a special area of Metal & Steel Egypt, from 2 to 4 September 2023, the four trade fairs GIFA Middle East Africa, METEC Middle East Africa, wire Middle East Africa and Tube Middle East Africa will be held at the Egypt International Exhibition Center for the first time. Metal & Steel Egypt, organised by AGEX (Arabian German Exhibitions

Made in Steel acts as a reference point for the international steel industry

cent for scrap), partly because prices had already dropped in 2021. “The simultaneous reduction in the prices of energy sources and raw materials,” said Gianfranco Tosini of the siderweb research department, “will favour a decrease in steel production costs of about 7 per cent for EAF and more than 13 per cent for the blast furnace, paving the way for a drop in product selling prices.” Considering that demand for steel is expected to fall by about 3 per cent this year, according to the World Steel Association October short range outlook, and that selling prices will drop by an average of 10 per cent, “it is plausible to assume that the turnover of steelmaking companies will decrease by about 13 per cent in 2023 compared to 2022,” Mr Tosini added. “Consequently, the profitability of industrial operations next year will fall by more than one percentage point, dropping to 2.5 per cent from 3.5 per cent this year, practically halving from 5 per cent in 2021.”

trends and to better interpret and understand the dynamics of the global steel chessboard. Dozens of buyers from all over the world will visit Made in Steel, thanks to the collaboration with ICE – The Agency for the promotion abroad and the internationalisation of Italian companies. A matchmaking service and the possibility for companies to organise meetings at the speakers’ corners will also support business. In addition, the 10 th edition of Made in Steel will be held in partial conjunction with Lamiera, dedicated to the sheet metal forming machine tool industry. The year 2023 will be a difficult year for steel, according to the outlook of the siderweb research department, with declining or stagnating demand for steel and high energy and raw material prices, albeit with a gradually downward trend. This year gas prices are expected to decline by just over 10 per cent, electricity by 14.5 per cent and carbon coke by 12.4 per cent. As for raw materials, price decreases are smaller (-7.2 per cent for iron ore and -4.7 per & Publishing Ltd), has presented a wide range of machinery, equipment and products from the steel and metal industries for the Near and Middle East since 2010. “We are very much looking forward to the partnership with AGEX and are confident that our metal trade fair quartet offers profitable synergies for all parties involved,” said Daniel Ryfisch and Malte Seifert, directors of the wire, Tube, GIFA and METEC

Made in Steel 2023 www.madeinsteel.it Tube trade fairs extended to Egypt

trade fairs at the location in Düsseldorf, Germany. The Egyptian organiser AGEX has been staging trade fairs and conferences in the region since 2004 and has special expertise in the industrial sector. With this cooperation, AGEX and Messe Düsseldorf are combining their experience.

Messe Düsseldorf GmbH www.messe-duesseldorf.de

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MARCH 2023