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10 Mar
09:40

Exports boost ESA’s profitability, eyes HRC mill decision

Emirates Steel Arkan (ESA), the sole fully integrated mill in United Arab Emirates, with a 3.5 million tonnes/year long steel production capacity, increased production and sales in 2022, which the company deems a strong recovery year, Kallanish notes. In January-December, direct reduced iron output grew 16.6% on-year to 3.45 million tonnes from 2.96mt in 2021, whilst production of semis – billet, blooms and beam blanks – increased 6…
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