Emirates Steel ends 2016 with new production record

 

ABU DHABI / WAM

Within its strategy to further increase its contribution to the economic diversification efforts, and strengthening the economic performance of the non-oil sectors in line with ‘Abu Dhabi Economic Vision 2030’, Emirates Steel, the only integrated steel plant in the UAE, owned by Senaat, has exceeded its last manufac-
turing record of the company’s Steel Making Plant 2 (SMP2) to achieve 40 heats per day of 6024t of Beam Blanks; accomplishing an unmatched record on international levels from a 150 tons Electric
Arc Furnace.
Emirates Steel also reported that its Rebar Rolling mill RM5 production exceeded 500000t/year in 2016.
The direct reduction plants (DRP) production has jumped in 2016 by 9% against 2015, whereas rolling production witnessed an increase of (6.2%) for its (Rolling Mill 2) RM2 and (7.7%)for RM5 (Rolling Mill 5), while its SMP2 and SMP3 (Steel Making Plant3) reported production increases by (8.2%) and 10.0%) respectively in 2016. Up to end December 2016; Emirates Steel produced 510 kt of wire rod, 2068 kt of Rebar and 547 kt of Heavy Section including Sheet Piles.

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