EMSTEEL holds a 60% share of the UAE's steel market and accounts for 10% of Abu Dhabi's non-oil manufacturing output. The company was formed through the merger of Emirates Steel (established 1998) and Arkan Building Materials (founded 2005), both established as part of Abu Dhabi's strategy to diversify its economy beyond the oil sector. EMSTEEL has committed to a decarbonisation strategy to reduce absolute GHG emissions by 40% in its Steel Business Unit and 30% in its Cement Business Unit by 2030, with a stated goal to achieve net-zero emissions by 2050.
As the region's dominant steel and building materials producer with 60% market share and 16 operating plants, EMSTEEL benefits from significant scale and market position. The company has demonstrated tangible progress on sustainability with 23% emissions reduction achieved by 2023 and comprehensive decarbonization targets through 2050. Its diversified export presence across 72 international markets provides revenue stability.
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