Emirates Steel Arkan seals partnership with Omani group AJSP

Emirates Steel Arkan seals partnership with Omani group AJSP

UAE - Emirates Steel Arkan has signed an agreement with Oman’s leading steel products manufacturer Al Jazeera Steel Product Company (AJSP) to establish a strategic framework for collaboration, further benefitting from joint product expertise and seizing new opportunities in the steel business ecosystem. This MoU comes at a time when AJSP is establishing a medium-section rolling mill in Khalifa Economic Zones Abu Dhabi (Kezad) along with plans to introduce a tube mill and heat-treated alloy round bars. As part of the MoU, Emirates Steel Arkan said it has the opportunity to supply semis, including billets, blooms and beam blanks to AJSP’s upcoming factory in Abu Dhabi or existing factory in Sohar, Oman. The two parties will also research options for collaboration in-promotion and marketing of finished products involving light and medium sections from AJSP and heavy sections from ESA, it stated. On the key partnership, Saeed Ghumran Al Remeithi, Group CEO, Emirates Steel Arkan, said: "It will help us bolster our market share, synergise our collective knowledge and expertise, capture new business opportunities and bid for upcoming projects." "By harnessing the strength of our shared vision for decarbonising the steel industry, resources, and experience, we are ready to chart a