Khaleej Times reported that State run Emirates Steel Industries has recently unveiled plans to become largest steel maker in UAE.
Mr Hussain Al Nowais chairman of the Abu Dhabi based company said that the project is part of Emirates Steel’s plan to become the biggest steel producer in the Middle East with an expected annual capacity of 6.5 million tonnes by 2015.
Shaikh Hamed bin Zayed Al Nahyan chairman of General Holding Corporation said that “ESI’s focused and fast paced approach has allowed it to edge ahead of schedule in its expansion plan, bringing it closer to its goal of becoming the largest steel manufacturer in the region.”
ESI has almost tripled its production capacity from 650,000 tonnes in 2007 to 2 million tonnes today. The expansion it plans with Danieli’s help will enable it for the first time to produce finished steel products such as heavy section beams and columns, channels, angles and sheet piles.
(Sourced from http://www.steelguru.com/news/index/2009/09/17+09%3A38%3A07/MTEyMTA3/ESI_to_become_largest_steel_maker_in_UAE.html)
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