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Sunday, 22 November 2009 00:30 UAE time

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Emirates Steel Industries

Main Category: Other
Country : United Arab Emirates


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Emirates Steel signs $474m deal with Danieli

Italian firm will construct phase ll B of the UAE firm's overall expansion plan.

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Emirates Steel to tap markets for $600m in Q1 2010

Proceeds to be used to fund expansion and consolidate debt, says CFO.

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ESI cashing in

Abu Dhabi steel giant Emirates Steel Industries is pressing on with an aggressive expansion plan covering inward investment and acquisitions. Is this a means of bringing stability to the multi-billion dollar domestic steel market - or of monopolising it? Construction Week talks to strategy and development vice president Hassan Sha'sha'a.

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A steal for steel

After reaching an extraordinary high in 2008, the price of steel has fallen dramatically over the past year, but what is the future for the commodity in the Middle East? Construction Week takes a look.

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Emirates Steel sees UAE demand down 40%

State-owned co says demand to fall to 3.5m tonnes in '09, from 5.5-6m tonnes in '08.

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Steel demand may fall 30% due to slowdown

Slowdown in the UAE's construction industry has knock on effect in demand for steel.

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Emirates Steel to boost output despite slowdown

UPDATE 1: State-owned company to go ahead with expansion plans, production to 1.85 million tonnes next year.

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Abu Dhabi steel giant posts 135% rise in revenue

Emirates Steel Industries predicts demand to grow amid real estate boom.

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READER COMMENTS

  1. UAE announces Eid and National Day holidays 02
    21 Nov ' 09 at 10:22
    Is it any wonder that Emiratis are reluctant to work in the private sector? One day extra and no request for early payment of salaries.   More  »
  2. RTA to lease out last batch of retail outlets available on Red Line 01
    21 Nov ' 09 at 14:10
    What happened of Last Minute and their 28 outlets - one on each station?   More  »
  3. Dubai plans start-up help for expat entrepreneurs 01
    21 Nov ' 09 at 11:37
    this is great news really makes sense, especially since Small & Medium Enterprises actually make UAE. I sincerely hope that this is...   More  »

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