Strong local demand and Abu Dhabi’s low utility costs combine to create a highly attractive opportunity for a primary steel manufacturing company to establish at Kizad.
Steel manufacturers in the Middle East need to be based close to port facilities to enable the import of raw materials. With the Middle East currently importing much of its steel, strong local demand and Abu Dhabi’s low utility costs combine to create a highly attractive opportunity for a primary steel manufacturing company to establish at Kizad. Adjacent to the most advanced port in the region with potential for a conveyor to bring raw materials from port to plant, Kizad is well positioned to host a steel industry cluster based around a major steel producer.
Kizad’s vertically-integrated Steel Cluster is expected to centre on an anchor tenant operating upstream plants such as DRI production and Electric Arc Furnace melt shops. These are expected to produce slab, bloom, billets and strip steel. The cluster will also include rolling mills, producing rebar, beams, sheet steel, and downstream manufacturers and service providers all of which will benefit from close proximity to each other. Downstream manufacturers in the engineered metal products sector will enjoy the same advantage.