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MENAFN - Emirates News Agency (WAM) - 04/02/2013

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(MENAFN - Emirates News Agency (WAM)) Emirates Steel, the only integrated steel plant in the UAE utilizing the latest technology to produce high quality rebar, wire rod and heavy sections, has now enhanced its facility in the Industrial City of Abu Dhabi to manufacture 40mm reinforcing steel bars (rebar) to meet the growing demand for steel in the region and beyond and provide the highest quality of steel that would benefit customer requirements.

"We are happy to announce that we have added a new 40mm size to our existing range of 8mm to 32mm rebar," said Engineer Saeed G Al Romaithi, CEO of Emirates Steel. Emirates Steel's product range includes rebar and rebar in coil, wire rod, hot rolled structural steel sections, which include beams, columns, channels, angles and sheet piles; direct reduced iron and steel billets. With the addition of the 40mm size, the rebar range is now complete.

"We want to make sure that we provide the market with its requirements of steel rebar in all sizes to cover the needs of our customers and to bridge the gap in the market," added Al Romaithi. Prior to that, requirements for 40mm rebar were covered by imports, mainly from Turkey. But now that Emirates Steel has added that size to its portfolio, the need for imports has capsized.

According to the statistics released by Emirates Steel, consumption of rebar in the UAE in 2012 reached 160,000 metric tons per month. Of that, consumption of 40mm rebar, which is used mainly in constructing huge building towers, sizable manufacturing units and bridges, stood at around two per cent. These figures are expected to remain unchanged in 2013. Al Romaithi expected Emirates Steel to grab the largest share in the 40mm bracket of the rebar market against Turkish domination.

To start the production of the new-size rebar, certain technical modifications had to be made to the rebar plant. Emirates Steel is a leading producer of rebar, which is regarded as a premium quality product due to the sourcing of premium quality iron ore, the state-of-the-art assets used in the manufacturing process and the implementation of internal quality control procedures.

Emirates Steel is certified to manufacture Grade B500B rebar and coil, in addition to Grade 460B.

 






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