UAE: Emirates Steel to expand its capacity to 5 mn t with the launch of HRC products

Emirates Steel is planning to launch hot-rolled coils (HRC) in the market to meet local and regional demand for high-quality flat products, the company informed via press release. It is currently conducting a comprehensive evaluation for the project to construct the fully-automated HRC plant in the Middle East and North Africa (MENA) region. Although the HRC plant capacity is still under finalization, the expected capacity is about 1.6 mn t. This is likely to boost the company’s steel capacity to over 5 mn t pa.