EMSTEEL announced the launch of its Asset Development Program with an investment budget of approximately AED 625 million (USD 170 million). This strategic initiative aims to increase production capacity and meet growing market demands by providing advanced steel solutions. The program is aligned with the UAE's Operation 300 billion and aims to support the country's economic growth by promoting high quality and value-added products.
In the first phase of the program, EMSTEEL's existing rolling mills will be modernized. EMSTEEL's product portfolio will be expanded by introducing high-strength ribbed irons and advanced heavy section products. Advanced cutting systems will produce high-strength rebars such as ES600, ASTM Grade 80 and ASTM Grade 100. These products aim to reduce material utilization while increasing the durability of structures. Furthermore, these innovations will support sustainability in the construction industry by reducing steel consumption and carbon emissions.
EMSTEEL will also produce water hardened (QST) and thermomechanically controlled machined (TMCP) heavy section steels using next generation rolling mill technology. QST increases durability through rapid cooling, while TMCP optimizes the microstructure of the steel, providing high strength and impact resistance. These advanced products are designed to meet the complex needs of high-rise buildings, large infrastructure projects and the energy sector.
The second phase of the program includes the installation of a new wire rod output line with an annual capacity of 500,000 tons and the upgrade of cooling conveyors in existing rolling mills. These innovations will allow EMSTEEL to produce high-value wire rods and high-strength coils. In addition, the steel foundry will be supported by advanced VD technology and billet caster upgrades. With this strategic step, EMSTEEL aims to meet growing demand in sectors such as infrastructure, energy, rail, petrochemicals and automotive components by moving from standard steel to specialty and high-value products.
EMSTEEL Group CEO Eng. Saeed Ghumran Al Remeithi, CEO of EMSTEEL Group, said: “As industries develop and infrastructure projects become more complex, the need for high quality steel solutions increases. We are not only increasing our production capacity; we are also redefining industry standards. By investing in innovation and sustainability, we are reinforcing our leadership by delivering world-class materials that meet the needs of modern construction and industrial projects.” Through this program, EMSTEEL aims to support the UAE's industrial growth, contribute to the national economy and strengthen the region's leading position in steel production.
Comments
No comment yet.