It confirmed that it is still in the process of obtaining final approvals for its implementation
Emirates Steel Arkan: The new coil project increases production to 5.2 million tons annually
The new project will contribute to diversifying the group's products.
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Saeed Al Rumaithi: "The group contributed 21% of the industrial output of the Emirate of Abu Dhabi during the past year."
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The CEO of Emirates Steel Arkan, Eng. Saeed Ghamran Al Rumaithi, said that the group is still in the process of obtaining final approvals for the hot rolled coil project, which will contribute to increasing the group's production capacity and diversifying its products and customer base.
Al Rumaithi explained that the project will raise the group's capacity from 3.5 million tons per year to 5.2 million tons per year when completed, and will contribute to supporting the objectives of the national strategy for industry and advanced technology in the UAE "the 300 billion project", where the new flat products will enable many manufacturing industries and applications. In the country supporting the automobile industry, electrical industries, pipes, and household appliances.
Al Rumaithi added that the group offers a wide range of products, services and solutions that meet the needs of a wide range of sectors and industries, including the construction, energy and transportation sectors.
He continued: “Our final products that we produce in Abu Dhabi are shipped to more than 60 countries around the world, including prominent markets in the Middle East and North Africa, Europe, North and South America, Southeast Asia and Australia, where they are used in a variety of applications, ranging from Marine engineering and construction of skyscrapers and buildings, all the way to infrastructure projects around the world.”
Al Rumaithi pointed out that during the first half of this year, 38% of steel sales were exported to global markets, while the group seeks to increase its sales and enhance its presence in international markets in line with its marketing objectives and in support of the national strategy for industry that aims to promote national products at the international level. Under the umbrella of «Made in the UAE».
Al Rumaithi stressed that Emirates Steel is keen to meet customer requirements and facilitate the procedures for exporting diverse and high-quality products that serve vital and key sectors, pointing out that the company's products are subject to extensive quality assurance measures that are implemented in various aspects of the manufacturing process and approved by the Corporation. UK Cares » in parallel with the certificates of each country from the foreign export markets.
The CEO of Emirates Steel, Arkan, indicated that the group had recently exported its first shipments of clinker to the Sultanate of Oman, Bahrain and Bangladesh, during the current year, while the company will continue its efforts to open new markets in line with its expansion strategy.
Al Rumaithi pointed out that Emirates Steel Arkan plays a pivotal role in supporting the industrial sector in the UAE in general and the Emirate of Abu Dhabi in particular, as the group contributed 21% of the industrial output of the Emirate of Abu Dhabi during the past year.
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