The expansion is part of the company’s ongoing efforts to boost contribution from the industrial sector in the region’s sustainable development.
SEATTLE (Scrap Monster): Abu Dhabi, UAE-based Emirates Steel- the leading integrated steel manufacturer in the Middle East announced plans to add hot rolled coils (HRC) into its portfolio of products. The expansion is part of the company’s ongoing efforts to boost contribution from the industrial sector in the region’s sustainable development.
According to company press release, the evaluation phase of the proposed state-of-the-art fully automated HRC plant is currently under progress. Upon completion of the plant, which would be the first-of-its-kind HRC plant in the region, the company’s total steel production capacity is expected to surpass 5 million tonnes per year. The new plant will have the lowest carbon footprint in the region.
Engineer Saeed Ghumran Al Remeithi, CEO of Emirates Steel noted that upon completion of the evaluation process, it aims to meet rising HRC demand in local and regional markets by expanding its assets and operations. The launch of new products will help the company to maximize its contribution to the country’s industrial sector, he added.
The new HRC mill will further consolidate Emirates Steel’s position as a leading integrated steel maker across the MENA region. Furthermore, it drives the company’s vision to be one among the top global steel producers.
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