Abu Dhabi-based steel producer Emirates Iron and Steel Factory (EISF) disclosed plans to increase its reinforcing bar
production to 1 million tons by the end of this year.
In order to increase capacity, EISF will invest AED500 million ($136 million) in a new unit.
EISF's existing unit carries a design capacity of 500'000 tons of
rebar. The new unit will allow EISF to double its current
rebar capacity.