Emirates Steel Arkan is a prominent steel and building materials company based in the United Arab Emirates (UAE). As a result of the merger between Emirates Steel and Arkan Building Materials, the company has become a powerhouse in the Middle East and North Africa (MENA) region, offering a wide range of high-quality products and services to meet the growing demand for steel and construction materials.
About Emirates Steel Arkan
Emirates Steel Arkan is a state-of-the-art industrial complex located in the Industrial City of Abu Dhabi (ICAD). The company was formed through the merger of Emirates Steel, a leading steel manufacturer in the UAE, and Arkan Building Materials, a prominent producer of building materials. This strategic merger has created a vertically integrated entity that is well-positioned to serve the growing demand for steel and construction materials in the MENA region and beyond.
Emirates Steel Arkan’s primary focus is on the production of steel and building materials, including rebar, wire rod, heavy sections, sheet piles, and cement. The company’s steel plant has an annual production capacity of 3.5 million tons, making it one of the largest steel producers in the region. The plant features advanced technologies, such as electric arc furnaces, continuous casting machines, and rolling mills, which enable the company to produce a wide range of high-quality steel products.
In addition to its steel production capabilities, Emirates Steel Arkan also operates a cement plant with an annual production capacity of 6.6 million tons. The cement plant is equipped with state-of-the-art equipment and utilizes modern production processes to ensure the highest quality cement products. The company’s cement products are used in various construction applications, including ready-mix concrete, precast concrete, and concrete blocks.
Emirates Steel Arkan’s success is built on its commitment to innovation, sustainability, and customer satisfaction. The company invests heavily in research and development to continuously improve its products and processes. It also employs cutting-edge technology and follows best practices in manufacturing to ensure the highest quality products while minimizing its environmental impact.
The company’s products are certified by internationally recognized standards, such as ISO 9001, ISO 14001, and OHSAS 18001, which attest to its adherence to quality, environmental, and occupational health and safety management systems. These certifications demonstrate Emirates Steel Arkan’s commitment to maintaining the highest standards of quality and safety in its operations.
Emirates Steel Arkan’s strategic location in the Industrial City of Abu Dhabi provides easy access to key markets in the MENA region and beyond. The company’s proximity to major ports and transportation networks enables it to efficiently distribute its products to customers across the region. This strategic advantage, combined with the company’s extensive product range and value-added services, has made Emirates Steel Arkan a preferred supplier for many leading construction companies and infrastructure projects in the region.
As the MENA region continues to experience rapid growth and development, Emirates Steel Arkan is well-positioned to play a crucial role in meeting the increasing demand for high-quality steel and building materials. The company’s strong financial position, experienced management team, and commitment to innovation and sustainability ensure that it will remain a leading player in the industry for years to come.
Emirates Steel Arkan Signs 5-Year $2 Billion Contract with Bahrain Steel Company
Emirates Steel Arkan (ESA) has recently signed a groundbreaking five-year iron-ore pellets (IOP) supply contract with Bahrain Steel Company (BSC). The contract, valued at approximately $2 billion, was formalized at the Industrial Partnership for Sustainable Economic Growth initiative, held in Bahrain.
This partnership marks a significant milestone in the relationship between ESA and BSC, which has grown by an impressive 16 times since 2009. Under the agreement, Bahrain Steel will supply high-grade iron ore oxide pellets annually to Emirates Steel Arkan.
Saeed Ghumran Al Remeithi, Group CEO at Emirates Steel Arkan, emphasized the strategic importance of this partnership in fostering integrated industrial growth, ensuring a stable supply chain, enhancing steel manufacturing capabilities, and strengthening economic ties within the GCC.
Dilip George, Group CEO at Bahrain Steel, expressed his enthusiasm about the partnership and the company’s commitment to delivering high-quality iron ore oxide pellets to meet the evolving needs of Emirates Steel Arkan.
Emirates Steel Arkan FY 2023 Net Profit Rises 18% to $164 Million
Emirates Steel Arkan, one of the largest publicly traded steel and building materials manufacturers in the region, has reported an impressive 18% increase in net profit for the fiscal year 2023. The company’s net profit rose to AED601.9 million ($164 million) compared to the previous year, highlighting its strong financial performance and ability to navigate market challenges while capitalizing on growth opportunities.
This remarkable achievement is a testament to Emirates Steel Arkan’s resilience, adaptability, and strategic decision-making in the face of a dynamic market environment. The company’s focus on operational efficiency, cost optimization, and product innovation has played a crucial role in driving its profitability and maintaining its competitive edge.
Emirates Steel Arkan’s strong financial performance can be attributed to several factors, including:
- Increased demand for steel and building materials in the region, driven by ongoing infrastructure projects and economic recovery.
- Effective cost management and optimization of production processes, leading to improved margins.
- Successful integration of Emirates Steel and Arkan Building Materials, resulting in synergies and economies of scale.
- Expansion of product portfolio and entry into new markets, diversifying revenue streams.
The company’s ability to achieve such significant growth in net profit amidst global economic uncertainties and market fluctuations demonstrates its robust business model and strong market position. Emirates Steel Arkan’s leadership team has successfully navigated the challenges posed by the pandemic and other market disruptions, ensuring the company’s continued growth and profitability.
As Emirates Steel Arkan moves forward, it is well-positioned to capitalize on the growing demand for steel and building materials in the region and beyond. The company’s strong financial performance in FY 2023 provides a solid foundation for future growth and investment in capacity expansion, product development, and sustainable practices.
With its commitment to quality, innovation, and sustainability, Emirates Steel Arkan is poised to continue its trajectory of success and maintain its position as a leading player in the steel and building materials industry.
Products and Services
Emirates Steel Arkan offers a comprehensive range of steel and building materials products, including:
- Rebar: Used for reinforcing concrete in construction projects
- Wire Rod: Used in the production of various wire products, such as nails, screws, and fencing
- Heavy Sections: Used in the construction of bridges, high-rise buildings, and other infrastructure projects
- Sheet Piles: Used for retaining walls, cofferdams, and foundation construction
- Cement: Used as a binding material in concrete and mortar
In addition to its product offerings, Emirates Steel Arkan provides value-added services, such as custom cutting, bending, and coating, to meet the specific requirements of its customers. The company also offers technical support and engineering services to help clients optimize their use of steel and building materials in their projects.
Sustainability and Corporate Social Responsibility
Emirates Steel Arkan is committed to sustainable development and corporate social responsibility. The company has implemented various initiatives to reduce its environmental footprint, such as investing in energy-efficient technologies, recycling waste materials, and promoting the use of renewable energy sources. Emirates Steel Arkan also actively supports local communities through various social and educational programs, contributing to the overall development of the region.
Connect with Emirates Steel Arkan
To learn more about Emirates Steel Arkan and stay updated on the company’s latest developments, follow them on social media:
- LinkedIn: https://www.linkedin.com/company/emirates-steel-arkan/
- YouTube: https://www.youtube.com/c/emiratessteeluae
- Instagram: https://www.instagram.com/emiratessteelarkan/
- Twitter: https://twitter.com/EMSteelArkan
As the MENA region continues to experience rapid growth and development, Emirates Steel Arkan is well-positioned to play a crucial role in meeting the increasing demand for high-quality steel and building materials. With its state-of-the-art facilities, commitment to sustainability, and customer-centric approach, Emirates Steel Arkan is poised for continued success in the years to come.
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Here’s what Google reviews say about Emirates Steel Arkan:
It is one of the largest steel companies in the Middle East and the Arab world. It has all iron products and the quality is very high. The company is most concerned about safety and fears for its workers and employees. It has a respectable and high class management. Emirates Steel products are among the latest products.I advise everyone to buy from Emirates Steel as it is the place of origin of iron.Thank you, Emirates Steel.
Emirates Steel established in 1998,This company 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.
One of the Top Factory in UAE. Mohammed Hussain
Extremely focused professional,
Who’s pays attention to every detail at work. Midhun Kumar
Great engagement events with alot of talents revealed by the company employees in the innovation week ahmed Alblooshi
In conclusion, Emirates Steel Arkan has established itself as a leading force in the steel and building materials industry, not only in the UAE but also in the wider region. Through its commitment to quality, innovation, and sustainability, the company has achieved significant milestones, including the historic $2 billion contract with Bahrain Steel Company and an impressive 18% increase in net profit for FY 2023.
As Emirates Steel Arkan continues to navigate the challenges and opportunities in the market, it remains well-positioned to shape the future of construction and contribute to the economic growth and development of the region. With its strong financial performance, strategic partnerships, and focus on sustainable practices, Emirates Steel Arkan is poised for continued success in the years to come.