9,484.26 TRY BIST 100 BIST 100
5.24 CNY CNY CNY
41.79 EUR EUR EUR
37.91 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
45.20 TRY Interest Interest
69.56 USD Fossil Oil Fossil Oil
31.51 USD Silver Silver
4.76 USD Copper Copper
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356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,797.04 TRY Gold (gr) Gold (gr)
9,484.26 TRY BIST 100 BIST 100
5.24 CNY CNY CNY
41.79 EUR EUR EUR
37.91 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
45.20 TRY Interest Interest
69.56 USD Fossil Oil Fossil Oil
31.51 USD Silver Silver
4.76 USD Copper Copper
102.64 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,797.04 TRY Gold (gr) Gold (gr)
9,484.26 TRY BIST 100 BIST 100
5.24 CNY CNY CNY
41.79 EUR EUR EUR
37.91 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
45.20 TRY Interest Interest
69.56 USD Fossil Oil Fossil Oil
31.51 USD Silver Silver
4.76 USD Copper Copper
102.64 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,797.04 TRY Gold (gr) Gold (gr)

Emirates Green Metal invests $100 million in steel recycling plant

In a groundbreaking move toward sustainability, Emirates Green Metal has unveiled its cutting-edge steel recycling facility in the heart of Dubai.

Emirates Green Metal invests $100 million in steel recycling plant

Emirates Green Metal, a pioneering force in sustainability within the metal industry, has made a significant stride towards environmental conservation with the establishment of a state-of-the-art steel recycling facility. This ambitious venture, fueled by investments totaling $100 million, underscores the company's unwavering commitment to green practices and technological innovation.

Situated strategically to cater to the burgeoning demand for recycled steel in the region, the facility boasts cutting-edge machinery and processes designed to maximize efficiency while minimizing environmental impact. By harnessing advanced recycling techniques, Emirates Green Metal aims to revolutionize the steel production landscape, offering a sustainable alternative to traditional manufacturing methods.

Nestled within the industrial zone of Jebel Ali, the Emirates Green Metal recycling plant spans over 20 acres. Its sleek design incorporates advanced machinery, automated sorting systems, and state-of-the-art smelting furnaces. The facility is poised to process up to 500,000 metric tons of scrap steel annually, diverting it from landfills and reducing the need for virgin steel production.

Mr. Ahmed Al-Mansoori, CEO of Emirates Green Metal, emphasized the company’s commitment to a circular economy. “Our goal,” he stated, “is to close the loop by transforming discarded steel into high-quality raw material for new products.” The facility will supply steel mills, construction companies, and manufacturers with recycled steel, significantly lowering their carbon footprint.

As the world grapples with climate change, Emirates Green Metal’s investment in steel recycling sends a powerful message. By turning scrap into a valuable resource, they demonstrate that economic prosperity and environmental stewardship can go hand in hand. The facility’s inauguration marks a pivotal moment in Dubai’s journey toward a greener, more sustainable future.

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