The Emirates Steel Arkan Group signed a memorandum of understanding with Al Jazeera Steel Products Company (AJSP), which specializes in manufacturing iron products in the Sultanate of Oman, to establish a strategic cooperation system that allows them to benefit more from their common experiences and seize new opportunities in the sector.
The signing of the agreement coincides with the establishment of the “Al-Jazeera Steel Products” company, a facility for rolling intermediate structural sections in the Khalifa Economic Zones Abu Dhabi “Kizad”, in addition to its endeavour to launch a mill for tubes and round bars of heat-treated alloys.
As part of the agreement, Emirates Arkan Steel will provide the opportunity to supply semi-finished products, including iron squares, sheets, and poles, to the upcoming Al Jazeera Steel Products plant in Abu Dhabi or its existing factory in Sohar, Sultanate of Oman.
The two parties will also cooperate to promote and market the finished products, which include light and medium structural sections manufactured by Al-Jazeera Steel Products and heavy structural sections manufactured by Emirates Arkan Steel.
Engineer Saeed Ghumran Al-Remeithi, CEO of Emirates Steel Arkan Group, said, “We are proud to cooperate with a leading company in the sector such as Al-Jazeera Steel Products Company, known for its commitment to manufacturing high-quality steel products. This agreement allows the two companies to enhance their market share, combine their knowledge and common expertise, seize new growth opportunities, and bid for upcoming projects. By harnessing our shared vision, resources, and expertise in decarbonising the sector, we will be positioned to achieve unparalleled growth and success in a dynamic steel business ecosystem.”
Amal Bahwan, Chairwoman of Al Jazeera Steel Products Company, said, “We are pleased to cooperate with Emirates Arkan Steel, the largest group for steel and building materials manufactured in the UAE, to enhance our offerings and our ability to provide various steel products to customers around the world. There is no doubt that our combined efforts will allow us to benefit from the unique expertise of the Emirates Arkan Steel Group and its wide presence in the market to achieve excellence in the field of manufacturing, based on the well-established reputation of Al Jazeera Steel Products Company.”.
