Emirates Steel’s long steel output hits 1.6 million mt in 2009

UAE-based long steel producer Emirates Steel Industries (ESI) produced 1.6 million metric tons of long products in 2009, which indicates a year-on-year increase of 183 percent, according to a report released by Arab Steel. The company's production of rebar accounted for 83 percent of its overall production, the rest of which is wires.
 
In the year in question, backed by strong local demand, 92.69 percent of the company's bar and wire output was shipped within the country, whereas exports amounted to only 161,000 metric tons.
 
Emirates Steel Industries is considered the largest rebar producer in the UAE, covering around 30 percent of the overall market demand for long prodcuts, while remaining demand is covered by the production of other Emirati companies as well as through imports which amounted in 2009 to approximately 5.8 million metric tons.