UAE’s Emirates Steel Arkan Secures Long-Term Iron Ore Supply with Bahrain Steel

UAE’s Emirates Steel Arkan Secures Long-Term Iron Ore Supply with Bahrain Steel

Emirates Steel Arkan (ESA), a major steel and building materials producer in the United Arab Emirates, has signed a significant agreement with Bahrain Steel Company (BSC) to secure a steady supply of iron ore for the next five years. The contract, valued at approximately $2 billion, was finalized during a recent meeting of the Industrial Partnership for Sustainable Economic Growth initiative held in Bahrain. This strategic partnership […]

via UAE’s Emirates Steel Arkan Secures Long-Term Iron Ore Supply with Bahrain Steel

Emirates Steel Arkan (ESA), a major steel and building materials producer in the United Arab Emirates, has signed a significant agreement with Bahrain Steel Company (BSC) to secure a steady supply of iron ore for the next five years. The contract, valued at approximately $2 billion, was finalized during a recent meeting of the Industrial Partnership for Sustainable Economic Growth initiative held in Bahrain.

This strategic partnership strengthens a well-established relationship between the two companies. Since 2009, their collaboration has grown significantly, with a 16-fold increase in business volume. The new deal signifies ESA’s commitment to sourcing high-quality iron ore pellets, a key raw material for steel production.

Under the terms of the agreement, BSC will supply ESA with consistent deliveries of high-grade