Abu Dhabi, UAE: Emirates Steel, the leading integrated steel plant in the Middle East, announced its plans to add Hot Rolled Coils (HRC) to its wide-range products portfolio so that it can mainly meet the needs of the local and regional markets of the high-quality flat products. This is aligned with the goals of Abu Dhabi Economic Vision 2030 to increase competitiveness through diversification, flexibility and innovation, and Emirates Steel’s efforts to promote the contribution of the industrial sector in UAE’s sustainable development.

Emirates Steel is currently conducting a comprehensive evaluation for the project to construct the fully automated first-of-its-kind HRC plant in MENA region. Upon completion, the new plant is set to boost Emirates Steel’s production capacity to exceed 5 million tonnes per annum.  Thanks to the latest technologies, the new plant will have the lowest carbon footprint in the region.

The new flat products serve several industries and applications including automotive, electrical steel, shipbuilding, boilers and pressure vessels, gas cylinders, heavy metal structures, offshore structures, general construction, machine components, pipes and tubes, household appliances, and structural steel, among others.

Engineer Saeed Ghumran Al Remeithi, CEO of Emirates Steel, emphasised that Emirates Steel strives to provide its customers with a full range of high-level products and comprehensive steel solutions. “After completing the evaluation process, we plan to meet the increasing demand on HRC and flat products in local and regional markets through the new expansion of its assets and operations. Launching our new HRC products is part of our growth plans which aims to maximise our contribution to UAE industrial sector,” said Al Remeithi. 

“Over the last two decades, Emirates Steel gained its solid reputation by providing the best-in-class products including rebar, wire rod, heavy sections and sheet piles. Adding to that, the new strategic project promotes our position as a leading integrated steel manufacturer across the MENA region. It drives our vision to be among the top global steel producers,” concluded Al Remeithi.

Emirates Steel is the largest producer of heavy and jumbo sections, and the only producer of hot rolled sheet piles in the region. The company is the fourth steelmaker in the world to receive the ASME accreditation to produce nuclear grade rebar.

The Abu Dhabi-based steelmaker is the first manufacturing company in the Middle East and among the first 50 companies in the world to be verified for Leadership in Energy and Environmental Design (LEED) documentation.

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.