Trade Resources Industry Trends Emirates Steel's Steel Production Increases by 33% Year on Year in The First Nine Months

Emirates Steel's Steel Production Increases by 33% Year on Year in The First Nine Months

Recently, Emirates Steel said that its steel production jumped by 33% year on year in the first nine months of this year, driven by strong demand from construction sectors.

Among them, the output of deformed steel bar increased by 10% and that of steel wire products rose by 4%;

Meanwhile, the firm's annual steel output was expected to reach 3.5 million tons after it commissioned its expansion plan in this September

Furthermore, Emirates Steel planned to raise its annual output to 5.5 million tons within the next three years.

 

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=61664&division=A9
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Emirates Steel’S Output Jumps by 33% in First Nine Months
Topics: Metallurgy