Emirates Steel Archives

Emirates Steel

EMSTEEL: $3.5bn construction giant Emirates Steel Arkan rebrands as it eyes global expansion

Written by Staff Writer

Thu 5 Sep 2024Fri 6 Sep 2024

Emirates Steel Arkan reveals new identity as EMSTEEL looks to expand into global markets

bahrain steel

Emirates Steel announces $2bn Bahrain contract

Written by Staff Writer

Wed 17 Jan 2024Wed 17 Jan 2024

Emirates Steel and Bahrain Steel announce five-year contract

Arkan

Emirates Steel Arkan turns corners; posts net profit of AED508.5mn in 2022

Written by Staff Writer

Mon 13 Feb 2023Mon 13 Feb 2023

Strong demand from international customers, steps taken to enhance operational efficiencies following the merger of Emirates Steel and Arkan in the fourth quarter of 2021 helped it to turn profitable

Arkan Building Materials Co

Merger completed to create the UAE’s largest steel and building materials firm

Written by Staff Writer

Wed 6 Oct 2021Fri 29 Oct 2021

Arkan Building Materials Company confirms the legal completion of its merger with Emirates Steel Industries

Abu Dhabi National Energy Company

UAE firms unveil plan to produce region’s first ‘green steel’

Written by Staff writer

Sun 8 Aug 2021Wed 6 Oct 2021

TAQA, Emirates Steel ink deal to develop a large-scale green hydrogen project to optimise production

ADQ

Abu Dhabi ADQ offers to form steel, building materials giant

Written by Bloomberg

Sun 9 May 2021Wed 6 Oct 2021

ADQ, one of Abu Dhabi’s three sovereign wealth funds, plans to combine Emirates Steel Industries PJSC with Arkan Building Materials Co. and form an entity with total assets of about $3.54 billion

Background

Emirates Steel, Finnish ECOFER sign slag management agreement

Written by WAM

Tue 21 May 2019Thu 7 Oct 2021

The agreement, due to take effect in 2020, will provide Emirates Steel with sustainable slag management services for the next ten years

Aluminium

Trump’s tariffs and the UAE

Written by ITP

Sun 18 Mar 2018Wed 6 Oct 2021

Donald Trump has proposed a ten percent tariff on imported steel and aluminium. The US president sees it as a key objective of his campaign promises to protect American blue-collar workers and the country’s traditional industries.