Danieli wins Abu Dhabi steel plant expansion work

16 September 2009

Italian firm to build section rolling mill at Emirates Steel Industries’ facility

Italy’s Danieli has won a AED1.74bn ($474m) contract to build phase 2B of the Emirates Steel Industries’ plant in Abu Dhabi.

The contractor will build a heavy section rolling mill with production capacity of 1 million tonnes a year (t/y).  

Emirates Steel now has output capacity of 2 million t/y, and will reach 3 million t/y by 2011.

The company plans to further boost capacity to 6.5 million t/y by 2013-2014 by making acquisitions.

In February 2008, Danieli won the first-phase contract of the expansion.

Danieli completed the $1bn contract in May and increased steel production at the plant to 2 million t/y (MEED 5:2:08).

In August, Saudi Arabia’s Al-Rajhi Steel awarded Danieli an SR800m ($213m) contract to build a steel plant in Jeddah.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications