EMSTEEL Signs AED 135 Million Agreement To Enhance Production Capabilities And Sustainability

EMSTEEL Group made a notable impact at the Fastmarkets’ Middle East Iron & Steel Conference 2025. Eng. Saeed Ghumran Al Remeithi, the Group CEO, delivered a keynote address urging collective industry efforts to enhance competitiveness, tackle global trade issues, and speed up decarbonisation in the steel sector. As the UAE solidifies its role as a hub for low-carbon industrial growth, Al Remeithi highlighted regional cooperation's significance for sustainable progress.

"Middle East Iron & Steel has long been a cornerstone event for our industry," Al Remeithi said. "Transforming Tomorrow Together" reflects our shared responsibility to build a stronger and more sustainable foundation for future growth." The UAE is showing robust market performance with nearly seven percent expected steel demand growth and increased rebar consumption. However, challenges like global oversupply and unfair trade practices persist.

Local manufacturers must prioritise quality, innovation, and responsible production to stay competitive globally. EMSTEEL is leading this shift by integrating clean energy, enhancing efficiency, adopting advanced technologies, and focusing on measurable sustainability through its TrueGreen initiative. Recognised as a national industrial leader, EMSTEEL supports the UAE’s industrial strategy by committing to sustainability, economic localisation, and innovation.

During the conference, EMSTEEL signed three new agreements and Memoranda of Understanding with key international and regional partners. These agreements aim to bolster downstream development and ensure long-term industrial competitiveness. They highlight EMSTEEL’s dedication to enhancing regional industrial capabilities and reinforcing the UAE’s status as a hub for responsible manufacturing.

The first agreement involves Primetals Technologies with an investment of AED 135 million. This will install a new wire rod outlet and upgrade mill facilities at EMSTEEL’s Abu Dhabi plant under its Asset Enhancement Programme. The upgrades will include advanced technologies like the eDrive Morgan No-Twist Mill and Stelmor Cooling Conveyor to broaden product offerings and improve quality.

The second agreement with Bekaert focuses on downstream development and grade innovation for low CO₂ wire rod. This partnership aims to advance research, product innovation, and market development objectives jointly. A third agreement was established with the Suez Canal Investment Company (SCCI) for supplying sheet pile products supporting infrastructure projects in the Suez Canal Zone.

Leadership in Decarbonisation

EMSTEEL’s leadership at the conference underscores its commitment to pioneering industrial decarbonisation and promoting responsible manufacturing practices. The Group's achievements have been recognised by ResponsibleSteel, the World Steel Association, and the World Economic Forum. These accolades affirm EMSTEEL's role as a leader in transitioning towards a low-carbon industrial future.

As Regional Host Sponsor of the Fastmarkets Middle East Iron & Steel Conference 2025 for the second year running, EMSTEEL engages in strategic panels throughout the event from 17 to 19 November in Dubai. The conference gathers over 1,300 senior executives, policymakers, and experts to discuss global market trends, supply-chain resilience, decarbonisation pathways, and future low-carbon steelmaking strategies.

The conference serves as a platform for industry leaders to exchange ideas on navigating current challenges while exploring opportunities for sustainable growth in steel production. Through these discussions, participants aim to foster collaboration that drives innovation within the sector while addressing environmental concerns effectively.

With inputs from WAM