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Abu Dhabi, United Arab Emirates - Emirates Steel, the only integrated steel plant in the UAE, a subsidiary of Senaat, joined today international steel companies and industry leaders, coming from around the world to participate at the World Steel Association (worldsteel) 50th Annual Conference launched in the Ritz-Carlton Hotel DIFC, Dubai until 12th October 2016.
The conference was addressed by high level speakers from the UAE ministries of economy and energy, H.E. Abdulla Bin Ahmed Al Saleh, Deputy Minister of Economy of the United Arab Emirates, H.E. Ahmed Mohamed Alkaabi, Assistant Undersecretary for Petroleum Gas and Mineral Resources, Ministry of Energy, UAE OPEC Governor.
The day also witnessed a distinguished panel of experts who gave insights on the current trends in energy markets. The panel was chaired by Dr. Edwin Basson, Director General of worldsteel, and involved expert speakers such as Brian Flannery, Chair, Major Economies Business Forum on Energy Security and Climate Change, and Eric Masanet, Head of the Energy Demand Technology Unit at the International Energy Agency, and Mounir Bouaziz, Vice President MENASA and Country Chair Dubai & N. Emirates, Royal Dutch Shell.
The day concluded with the Annual Dinner and Steelie Awards ceremony held at the Armani Hotel, the ceremony recognized members of companies and individuals for their outstanding achievements in all aspects of the industry.
It is worth mentioning that worldsteel’s Annual Conference brings together leaders of global steel companies and associations from around the world representing about 85% of the world steel production, world leading steel manufacturers and industry specialists and research centers. Emirates Steel has been part of this world leading excellence hub since 2012.
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About Emirates Steel
Emirates Steel is owned by SENAAT, the UAE’s largest industrial conglomerate and a driving force for implementing the Abu Dhabi government’s industrial diversification policy. Strategically located in the Industrial City of Abu Dhabi, some 35 kilometers away from the heart of the city of Abu Dhabi, Emirates Steel is the only integrated steel plant in the UAE, utilizing the latest rolling mill technology to produce rebar, wire rod and heavy sections.
Established in 1998, Emirates Steel grew in a relatively short period of time from a simple re-roller of imported steel billets to a complex integrated manufacturing plant, using modern solutions to tackle traditional industrial problems to generate value for its various stakeholders. In 2012, the Company began producing at a capacity of 3.5 million MTPA, following two expansions and the investment of around AED 11 billion (US$ 3 billion).
Emirates Steel’s underlying business goal is to be an efficient and competitive producer of finished steel products. To achieve this, the Company continually and significantly invests in expansions in the areas of processing, manufacturing and information technology. In addition, these investments help to improve product and service quality, reduce the Company’s environmental footprint and increase safety for workers and customers.
© Press Release 2016
