Saeed Al-Rumaithi, CEO of Emirates Steel Arkan, highlighted their strong position with 65% of local iron sales. Company set to make significant strides by expanding into three new markets. Emirates Steel Arkan dominates the local market by supplying 65% of rebar, wire rod, and heavy structural sections. The company's focus remains on exploring growth opportunities to drive UAE's industrial development and expand internationally.
In H1, they divided sales with 55% to local and 45% to international markets under "Made in UAE" label. The company aims for resilience, improving profitability, and introduced separate business units for steel and building materials to maximize strengths. This innovative approach aims to harness the synergies between the steel and building materials sectors.