[stock-market-ticker symbols="AAPL;MSFT;GOOG;HPQ;^SPX;^DJI;LSE:BAG" stockExchange="NYSENasdaq" width="100%" palette="financial-light"]

  • Loading stock data...

November 13, 2024

KEZAD & Al Jazeera Steel breaks ground for Abu Dhabi’s 1st rolling mill

Khalifa Economic Zones Abu Dhabi (KEZAD Group), the integrated trade, logistics and industrial hub of Abu Dhabi, and Al Jazeera Steel Products Co, has held the groundbreaking ceremony of the region’s first Rolling Mill with Rail production capability in Abu Dhabi.

The groundbreaking marks the beginning of a new era of industrial development in the region. The establishment of the mill over an area of 210,000 square meters in KEZAD aims to spearhead technological advancements, enhance steel manufacturing capabilities, and add to the growing demand for high-quality steel products.

The state-of-the-art, innovative and cutting-edge 450,000 tons per annum medium section mill from POMINI LRM, the main technology supplier, will answer the growing customer demand for its products.

As the region embarks on plans to build a GCC rail network to connect UAE, Oman, Saudi Arabia, Kuwait, Bahrain and Qatar, there will be an increasing need for railway steel parts, which the mill will cater to. Apart from rails, the development of this manufacturing plant in KEZAD will also cater to the growing requirements of its other products efficiently through KEZAD and Abu Dhabi’s well-established infrastructure and connectivity.

Sheikha Amal Suhail Salim Bahwan, Chairperson of Al Jazeera Steel Products Co, commented that “Operating within KEZAD, we will give our company a strategic base in the UAE. Upon commissioning of the mill, will be able to easily supply rail products along with other MSM products to the upcoming infrastructure, construction and oil & gas projects to the GCC markets, in conjunction with our global customers. We look forward to setting up in Abu Dhabi and contributing to the exciting upcoming projects that will transform the region. We are also looking forward to Phase 2 of the project for primary Steel Production to cater to the rolling mill being set up in KEZAD.”