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16 Jun
01:00

ESI surpasses 1mt of heavy sections output since mill commissioning

Emirates Steel (ESI) produced 1.85 million tonnes of rebar, 550,000t of heavy sections and 400,000t of wire rod in 2014 despite “challenges existing in the market”, the company tells Kallanish. Since its commissioning in 2012, the 1 million tonnes/year heavy sections mill surpassed 1mt of output by end-2014. The United Arab Emirates market has accounted for 61% of overall sections sales. Shipments to Saudi Arabia comprised 54% of exports, while t…
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