Emirates Steel a major supporter of UAE’s downstream industries
- 07 Aug 2021
Emirates Steel, the leading integrated steel plant in the Middle East, strives to maximise its contribution to the UAE’s downstream industries, providing this vital sector with 90 per cent of its needs from high-quality and value-added wire rods and heavy sections products.
This is part of its effort to support and promote the UAE’s Unified Industrial Brand Identity under the slogan ‘Make it in the Emirates’, aiming to enhance the competitiveness of national products.
The company harnesses its full potential to provide the products necessary to advance the industrial development, in line with the objectives of the UAE’s Industrial Strategy “Operation 300bn”, which aims to increase the contribution of the industrial sector to the country’s GDP from Dhs133 billion to Dhs300 billion by 2031.
The company supplies its wire rod products to many customers in the UAE, including Classic Metallic Sheet Factory, which converts this product into anchor bolts, stud bolts, hex bolts, drywall screws, nuts and other materials. Also, Al Khaleej Steel Industries utilises our products to make the galvanised wire used for various applications such as cable armoring, fencing, farming applications, and high tensile wire.
Moreover, KHK Scaffolding and Formwork Ltd uses the company’s wire rod to produce building wire mesh, protection netting, fencing nets, barbecue wire nets and cages, and various scaffolding systems, in addition to many other companies that convert our product to value-added products that are exported under the slogan ‘Made in the Emirates’ to the whole world.
Saeed Ghumran Al Remeithi, CEO of Emirates Steel, said, “The UAE’s downstream industries sector abounds with huge investment opportunities, and we expect this vital sector to witness a major boom in the near future, with the national efforts it is witnessing to advance and enhance its role as a driving force for UAE’s sustainable economic development.”
“In this sense, we are keen to provide high-quality steel products, and innovate products with special specifications and grades. This helps our local factories produce high-quality national commodities. Our value-added products are used as raw materials in many industries and sectors such as automotive, machinery and equipment, construction, transportation and energy, among others.”
Over the last two decades, Emirates Steel gained its solid regional and global reputation in the integrated steel manufacturing, by providing the best-in-class products to its customers in more than 40 countries around the world, in line with its vision to be among the top global steel producers.
Abu Dhabi National Energy Company (Taqa), one of the largest listed integrated utilities in the region, announced recently a partnership with Emirates Steel, the leading integrated steel plant in the Middle East, to develop a large-scale green hydrogen project enabling the first green steel produced in the MENA region.
A Memorandum of Understanding (MoU) was signed by Jasim Husain Thabet, Taqa Group CEO and Managing Director, and Saeed Ghumran Al Remeithi, CEO of Emirates Steel.
Under the agreement, Taqa and Emirates Steel will consider utilising green hydrogen to optimise clean steel production level. The hydrogen will enable green and low carbon steel manufacturing, saving energy while creating a sustainable and clean manufacturing process.
The MoU also lays the groundwork for the project design to be expanded to meet the anticipated growth in international demand for low carbon steel. This is one of the innovative solutions aiming to reduce the carbon footprint of construction, transportation and industrial sectors, among others.
Thabet commented, “Taqa is setting out to become a recognised champion of low carbon power and water, and this partnership with Emirates Steel leverages our combined expertise to lower the overall cost of production as well as reducing carbon emissions.
“Finding commercially viable industrial-scale solutions like this is key to unlocking the potential of green hydrogen as an emerging clean energy source. Taqa is uniquely well-placed in this region to combine our world-leading solar PV, water and energy know-how to unlock opportunities that work for our stakeholders.”
For his part, Al Remeithi said, “We are proud of our partnership with Taqa group to complete this vital project, through which we write a new chapter in our journey towards placing sustainability and industrial innovation at the core of our technical and operational activities. The production of green steel through a sustainable and clean manufacturing process based on green hydrogen supports Emirates Steel’s efforts to preserve the environment and its natural resources. This project will be added to our track record of sustainable achievements, including our carbon capturing project in partnership with the Al Reyadah Carbon Capture, Utilisation & Storage Facility.”
WAM
