Emsteel expands rebar portfolio
Abu Dhabi, February 3, 2013
Emirates Steel (Emsteel), a leading integrated steel plant in the UAE, has expanded its product portfolio to include 40mm reinforcing steel bars (rebar).
“We are happy to announce that we have added a new 40mm size to our existing range of 8mm to 32mm rebar,” said 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, a statement said.
“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 this expansion by Emsteel, requirements for 40mm rebar were covered by imports, mainly from Turkey.
According to the statistics released by Emirates Steel, consumption of rebar in the UAE in 2012 reached 160,000 metric tonnes 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.
Emirates Steel is certified to manufacture Grade B500B rebar and coil, in addition to Grade 460B. – TradeArabia News Service