Emirates Steel Arkan plans green iron supply chain
Emirates Steel Arkan has partnered with ITOCHU Corporation and JFE Steel Corporation, a subsidiary of JFE Holdings, to consider the construction of a ferrous raw material production facility in Abu Dhabi that would aim to become an integral part of a global low carbon emission iron supply chain.
Emirates Steel Arkan and the two Japanese companies will work together to conduct feasibility studies on creating a ferrous raw material steel hub at a project site in Abu Dhabi to meet the growing demand for green steel.
As part of the initial plan, high-grade iron ore will be imported into Abu Dhabi to produce the ferrous raw material, which is currently expected to begin in the second half of 2025 and will be supplied to customers primarily operating in Asia, including JFE Steel.
Read more from Steel Times International
Date posted 04/10/2022
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