Emirates Steel registers 50% increase in number of export markets amid higher demand – The National

Emirates Steel registers 50% increase in number of export markets amid higher demand – The National

Emirates Steel, one of the UAE’s largest non-oil companies, recorded an increase of about 50 per cent in the number of export markets over the past two years as demand for its products picked up amid a broader economic recovery.

The company, part of Abu Dhabi Securities Exchange-listed Arkan Building Materials, exported its products to 56 countries in 2021, compared with 38 in 2019, Emirates Steel said on Thursday.

The expansion of its export footprint “is part of the company’s strategy to diversify its sources of revenue through its marketing channels, improve its agility and enhance the competitiveness of UAE products under the unified brand identity of Made in the Emirates”, it said.