Metals & Minerals
Emirates Steel Diversifies Product Range to Meet $700 Billion GCC Oil & Gas Requirements
A new range of structural steel to supply offshore oil and gas facilities is part of a diversified product range to be made by Emirate Steel's heavy sections mill. It will be ramped up over three years
Released Thursday, June 27, 2013
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Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--A new range of structural steel to supply offshore oil and gas facilities is part of a diversified product range to be made by Emirate Steel's (Abu Dhabi) heavy sections mill. It will be ramped up over three years.
The steelmaker has the capacity to produce 1 million tons of structural steel per year, with enhanced properties that are often specified in offshore oil, gas and petrochemical projects. The new steel being developed is the S335J2, which maintains its impact strength at -20 Celsius and is produced to fit global norms. The company is also developing its own bespoke sheet piling designs to meet global standards.
"We have identified the product grades that are required by our customers, and we are producing them to order," said Emirate Steele CEO Saeed G. Al Romaithi.
It is reported that the oil and gas sectors in the Gulf Coast Consortia (GCC) region plan to invest about $700 billion to boost capacities. The steel sector is responding to meet growth and demand.
For related information, see September 28, 2012, article - Emirates Steel Expands to 3.5 Million Ton Per Year, and July 3, 2012, article - UAE's Emirates Steel Certified to Produce Nuclear Project Rebar.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, 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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