[SMM Steel] AGSI launches new rebar mill in UAE, adds 600,000 mt capacity

Published: Apr 15, 2026 18:24

Save

[SMM Steel] Arabian Gulf Steel Industries has started a new rebar rolling mill (HRM 3) in UAE, adding 600,000 mt/year capacity and lifting total rolling capacity to 1.24 million mt. The mill is integrated with the meltshop, improving efficiency and supporting low-carbon production. In the short term, increased domestic supply is expected to enhance local availability and reduce reliance on imports, with limited exports depending on demand.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

May 9, 2026 18:34

[SMM Hot-Rolled Coil Daily Trading] Spot Cargo Trading Volume Changed Narrowly

[SMM Hot-Rolled Coil Daily Trading] On May 9, the combined daily trading volume of hot-rolled coil from SMM's sample enterprises across four cities (Shanghai, Lecong, Tianjin, and Ningbo) totaled 15,490 mt, down 330 mt DoD (-2.1%), up 56.31% YoY (solar calendar), and up 40.31% YoY (lunar calendar).

May 9, 2026 18:34

May 9, 2026 17:55

"China's Steel Exports Rise in April, May Volume Expected to Reach 10M mt"

May 9, 2026 17:55

May 9, 2026 17:38

Some Markets Closed during Holiday, Construction Steel Social Inventory Destocking Slowed Down

[SMM Construction Steel Large-Sample Social Inventory]

May 9, 2026 17:38