Metals & Minerals
Emirates Steel's High End Product Breaks into American and European Markets
Emirates Steel has just made its first exports to the Americas with the shipment of 13,000 tons of structural steel to Houston and the Mexican port of Altamira.
Released Wednesday, September 04, 2013
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Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Emirates Steel (Abu Dhabi, UAE) is at the forefront of Middle East companies in the steel sector adding production capacity with high-quality product ranges.
The company has just made its first exports to the Americas with the shipment of 13,000 tons of structural steel to Houston and the Mexican port of Altamira. The high-tensile W sections with ASTM standards were produced to U.S. and Mexican requirements.
After establishing exports to local, Indian, Asian and African markets, Emirates is now looking to develop European and American markets.
"We want to extend beyond our traditional markets to leverage our experience and secure further growth. We are moving into the international markets and are competing globally with the international steelmakers in high-value niche markets," said CEO Saeed G. Al Romaithi.
Gabe Siegel, owner of Service Steel Warehouse Company (Houston, Texas) said, "As a steel importer and consumer, I think it is exciting to see steel made in the Arabian Peninsula. The blend of the most current DRI technology with a first-class rolling mill along with the expertise in some of the most demanding applications will ensure the Emirates Steel will be a leader in long products today and into the future."
Siegel added that the imported steel will be used mainly in U.S. commercial buildings, oil rigs, power and petrochemical projects, retail and residential buildings.
For related information, see June 27, 2013, article - Emirates Steel Diversifies Product Range to Meet $700 Billion GCC Oil & Gas Requirements.
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
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