According to the announcement, an agreement with Primetals Technologies worth 135 million dirhams (37 million US dollars) has been signed. It was created to introduce a new wire rod line and modernize rolling equipment at the Emsteel plant in Abu Dhabi. The upgrade was designed with advanced systems in mind, such as the Morgan eDrive No-Twist mill and the Stelmor cooling conveyor, which are expected to expand Emsteel's product range, increase production efficiency, and support the production of high-quality steel materials that meet changing market demands.
A second agreement was signed with Bekaert aimed at the joint development of wire rod grades with a low Co₂ content. This partnership aims to expand collaborative research, accelerate product innovation, and support subsequent applications. With this initiative, Emsteel is positioning itself to meet the growing demand for low-carbon steel solutions, especially in sectors looking for sustainable, high-performance materials.
In addition, a third agreement was formalized with the Suez Canal Investment Company (SCCI), a commercial subsidiary of the Suez Canal Authority, for the supply of sheet steel products to support major infrastructure projects in the Suez Canal area. This partnership is expected to strengthen Emsteel's contribution to regional industrial progress through the supply of basic materials for large-scale construction projects and strengthen its involvement in cross-border economic cooperation.
These three agreements are expected to advance Emsteel's strategic direction by strengthening its manufacturing capabilities, supporting innovation in low carbon steel technologies, and expanding its participation in regional industrial and infrastructure markets. Through continuous investment and collaboration, Emsteel is moving towards its long–term goal of contributing to the UAE's industrial ecosystem while promoting responsible,
