The United Arab Emirates has solidified its position as a regional and global leader in the steel industry, supported by national strategies focused on industrial sustainability, production efficiency, and the country’s goal of achieving climate neutrality by 2050.
At the forefront of this transformation is the EMSTEEL Group, through its subsidiary Emirates Steel, which has become a key player in driving sustainable growth by developing advanced steel solutions and meeting the growing demand for high-quality steel products used in major strategic projects both within the UAE and abroad. This has further strengthened the UAE’s status as a regional and international hub for the steel industry.
The group contributes approximately AED 6.2 billion to Abu Dhabi’s GDP and accounts for 10% of the emirate’s total non-oil manufacturing sector, while holding a 60% market share of the UAE’s steel market.
Strong Performance
Eng. Saeed Ghumran Al Remeithi, CEO of EMSTEEL Group, affirmed that the company delivered a strong performance in the steel sector during the first half of 2025, as sales of finished steel products grew by 24% year-on-year, reaching 1.616 million tonnes. This growth was driven by rising demand and full utilization of production capacity, enabling the company to convert semi-finished products into finished goods that better meet customer needs.
He explained that the group focused on transforming semi-finished billets into high-value finished products, including rebar, wire rods, and heavy sections, which enhanced profitability and expanded market share, supported by robust demand from energy and infrastructure projects.
Al Remeithi also highlighted the launch of a AED 625 million Asset Enhancement Program, aimed at upgrading rolling mill units and expanding the range of high-strength steel and wire rod products. He emphasized that this investment underscores the company’s commitment to supporting the UAE’s industrial growth strategy and strengthening its position as a leading steel supplier across Gulf, Indian, and North African markets, while maintaining a focus on production flexibility and innovation to meet the needs of long-term projects.
Several of EMSTEEL’s clients confirmed that the group’s products have become the preferred choice in the local market due to their high quality and alignment with sustainability standards. They added that the growing monthly imports of EMSTEEL’s products reflect increasing confidence among customers and developers across various projects. (WAM)
