CimbriaGeneva DryTBA GroupPort of South LouisianaSailors SocietyTelestack
  • Port of Stockton
  • Sailors Society
  • Telestack
  • TBA Group
  • Geneva Dry
  • TMS Awards 2023

Dana Steel to replace imported raw materials with ‘Made in UAE’ supply

Dana Steel to replace imported raw materials with ‘Made in UAE’ supply

(Posted on 04/01/23)

Khalifa Economic Zones Abu Dhabi – KEZAD Group, the integrated trade, logistics, and industrial hub of Abu Dhabi, has signed a preliminary agreement with Dana Steel, the flagship manufacturing unit of industrial conglomerate Dana Group, for the establishment of its first hot and cold rolling steel complex in Abu Dhabi.

Under the terms of the agreement, Dana Steel will invest to develop a 50,000 square metres facility in KEZAD. The new complex will facilitate backward integration of the company’s continuous galvanising and continuous colour coating lines and will have 500,000 Metric Tonnes Rolling Capacity. This approach will help boost Dana Steel’s manufacturing capacity in the GCC by replacing imported raw materials, such as cold rolled full hard coils, with a new ‘Made in UAE’ supply.

By providing a base for Dana Steel first facility in Abu Dhabi, KEZAD Group is extending its support for the Abu Dhabi Industrial Strategy, which looks to more than double the size of the emirate’s manufacturing sector to AED172 billion by 2031 through a series of transformational programmes.

Established in 2017, and catering to consumer markets across more than 50 countries throughout the Middle East, Africa, Europe, and the Americas, Dana Steel is one of the region’s largest and most modern manufacturers of Hot Dip Galvanized (HDG), Aluzinc (AZ), Prepainted Galvanized (PPGI), Prepainted Aluzink (PPAZ) and Prepainted Aluminum (PPAL) steel coils and sheets.

Mohamed Al Khadar Al Ahmed, Chief Executive Officer, Khalifa Economic Zones Abu Dhabi - KEZAD Group, said: “Owing to the modern infrastructure and efficient transportation network offered by KEZAD and Khalifa Port, investors such as Dana Steel are selecting our industrial ecosystem as a base from which to grow their operations in the UAE and globally. By enabling vertical integration of their manufacturing supply chain, we look forward to supporting Dana Steel on its journey to serve customers and expand its international reach.”

Dr. Ankur Dana, CEO of Dana Steel Industry, said: “With worldwide demand for quality steel products set to grow, we are quite excited to start this milestone project in KEZAD, which builds upon our efforts to enhance value for our customers across continents. This project will be our 9th Industrial Facility within the UAE, several unique factors led us to choose KEZAD for this venture including the world-class infrastructure on offer, in addition to seamless connectivity to global markets and easy access to natural gas at competitive rates.”

The agreement with KEZAD Group will mark Dana Steel’s first venture in Abu Dhabi while ushering in the first Hot Rolled Pickled Oiled (HRPO) and Cold Rolled (CR) steel facility in KEZAD. In addition to hosting facilities for building metal products manufacturing in KEZAD Group’s Metals Hub, the plant will also have capabilities to recover and recycle waste acid, enabling the company to pursue a circular economy approach. In phase 2 of the expansion, Dana Steel will install a Continuous Galvanizing Line (CGL) and Colour Coating Line (CGL) in the same KEZAD complex.

Latest News

Rio Tinto and Giampaolo complete aluminium recycling transaction

(Posted on 03/12/23)

Rio Tinto and Giampaolo Group have completed a transaction to form the Matalco joint venture, combining... Read more


Partnership creates UAE’s largest galvanising pool in KEZAD

(Posted on 03/12/23)

Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose... Read more


ADM launch of regenerative agriculture programme in Brazil

(Posted on 26/11/23)

ADM, a leader in sustainable agriculture supply chains, has announced an important expansion of its... Read more


$140m Investment agreement to build all-in-one nickel refinery

(Posted on 17/11/23)

Trafigura, a market leader in the global commodities industry, has agreed to invest in an all-in-one... Read more


ADM and Marathon take next step in meeting renewable fuels demand

(Posted on 17/11/23)

ADM and Marathon Petroleum Corp. have celebrated the opening of their joint venture soybean processing... Read more


US Grains Council bids farewell to Castillo

(Posted on 13/11/23)

Former U.S. Grains Council (USGC) Director of Global Programmes Alejandra Castillo was named the successor... Read more


Rio Tinto and Codelco complete Nuevo Cobre exploration agreement

(Posted on 13/11/23)

Rio Tinto has completed the acquisition of PanAmerican Silver’s stake in Agua de la Falda and... Read more


New Cargill soybean processing plant connects farmers to growing demand

(Posted on 05/11/23)

Cargill has completed an expansion and modernization project at its integrated soybean crush and refined... Read more


BHP approves US$4.9bn investment in stage two of Jansen potash project

(Posted on 31/10/23)

BHP has approved an investment of US$4.9 billion (C$6.4 billion) for stage two of the Jansen potash... Read more


Partnership on sustainable supply of materials for the energy transition

(Posted on 31/10/23)

Rio Tinto and cable solution provider Prysmian are partnering to build a more sustainable North American... Read more


Bühler GmbHTMS Awards 2023Van AalstViganPort of StocktonIMPA Events
  • Bühler GmbH
  • Van Aalst

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping