Essar Steel plans to increase its exports
Indian steelmaker Essar Steel has established an office in Dubai in order to explore opportunities in the booming
Middle East market. The
Middle East is a big region for Essar Steel's exports. The company exports 20% of its total exports to the
Middle East which is nearly 200'000 tons valued at $60 million annually.
Furthermore, Essar Steel is making a great effort to participate in the reconstruction of
Iraq and ongoing
construction boom in the United Arab Emirates and Saudi Arabia.
Essar Steel exports nearly 40% of its steel products and plans to increase its exports during the next two years.