Upon invitation from the Arab Iron & Steel Union, the AFEI representative Mr.Mutassem Daaboul attended the BOD meeting no. 107.
The meeting agenda included latest updates in the steel manufacturing sector on the arab and international levels, and the establishment of a regional office for the union in the Gulf.
The attendees focused on the need for coordination and integration amongst the producers of steel to face the challenge that resulted from the increase of the raw material prices which impacted the cost of production. The chairman of the board emphasized the need to intensify the R&D activities toward making use of the local raw material and developing the production technology in order to reduce the cost of production.
The topic of including Carbon emissions reduction programs and energy conservation measures within the future plans for the production facilities was promoted.