• Steel production capacities in the GCC grew to around17Mt by 2018 and expected to add another 2Mt by the end of 2020.

Abu Dhabi: Emirates Steel, the only integrated steel plant in the UAE and a subsidiary of the General Holding Corporation (SENAAT), is participating in the First Saudi International Iron & Steel Conference, of which it is its Rhodium Sponsor. At the conference, held in the King Faisal International Conferences Hall at the Intercontinental Hotel in Riyadh from September 16-18, Emirates Steel will be showcasing its extensive range of products to customers from across the GCC.

The Saudi International Iron and Steel Conference will bring leaders of the iron and steel sector in the MENA region together to discuss both the current state of the Middle East steel market, alongside focusing on opportunities for future growth within the sector.

The conference will also highlight ways to cooperate with decision makers to support the iron and steel industry in the Gulf countries, where steel production capacity has increased to about 17 million tons by the end of 2018, and is expected to reach 19 million tons by the end of 2020.

Eng. Saeed Ghumran Al Remeithi, CEO of Emirates Steel said: “At Emirates Steel, we are excited to participate in this conference, and meet with steel manufacturers from across the region. We are proud to be a Rhodium Sponsor of this event, which provides opportunities for the sector to discuss its current status and is particularly pertinent given the current conditions of the global steel market.

“This conference is an excellent opportunity for us to discuss the needs of customers in the GCC region, alongside the outlook for regional steel demand and new innovations in steel production. In addition, this conference will allow us to shed light on the importance of having trade protection measures to support local producers and protect the national steel industry.”

“We look forward to a successful conference, and I hope attendees find it a fruitful opportunity to meet colleagues and share industry best practices. My congratulations to the organizers for this inaugural conference; I look forward to many more to come,” concluded H.E. Eng. Al Remeithi.

During the first Saudi International Iron and Steel conference, Emirates Steel will be showcasing its unique product range, alongside meeting with industry leaders and providing insight on the regional steel sector. The company’s pavilion at the conference will allow participants to see the range and quality of Emirates Steel’s products, which have been used in the construction numerous high-profile projects, including the Burj Khalifa in Dubai and Sheikh Zayed Grand Mosque in Abu Dhabi.

-ENDS-

About Emirates Steel

Emirates Steel is owned by SENAAT, the UAE’s largest industrial conglomerate and a driving force for implementing the Abu Dhabi government’s industrial diversification policy. Strategically located in the Industrial City of Abu Dhabi, some 35 kilometers away from the heart of the city of Abu Dhabi, Emirates Steel is the only integrated steel plant in the UAE, utilizing the latest rolling mill technology to produce rebar, wire rod and heavy sections.

Established in 1998, Emirates Steel grew in a relatively short period of time from a simple re-roller of imported steel billets to a complex integrated manufacturing plant, using modern solutions to tackle traditional industrial problems to generate value for its various stakeholders. In 2012, the Company began producing at a capacity of 3.5 million MTPA, following two expansions and the investment of around AED 11 billion (US$ 3 billion).

Emirates Steel’s underlying business goal is to be an efficient and competitive producer of finished steel products. To achieve this, the Company continually and significantly invests in expansions in the areas of processing, manufacturing and information technology. In addition, these investments help to improve product and service quality, reduce the Company’s environmental footprint and increase safety for workers and customers.

Media Contact
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Four Communications
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