Source: Argus Media
Green Metals Industries (GMI), a United Arab Emirates-based company, has announced plans to build a large-scale integrated steelmaking, casting, rolling, and tube production facility in the Kezad industrial zone of Abu Dhabi. The project aims to manufacture specialty steels and alloy steels that the UAE currently relies on imports to supply, marking a significant step toward domestic self-sufficiency in high-value steel products.
The first phase of the project involves an investment of approximately 250 million US dollars, with the melt shop designed for an annual capacity of 1.2 to 1.4 million tonnes. The facility will integrate steelmaking, continuous casting, hot rolling, and tube production under one roof, enabling streamlined production from raw material to finished tubular products. Commissioning is expected to begin in stages from early to mid-2028.
The Kezad industrial zone, operated by AD Ports Group, has been actively attracting metals and manufacturing investments as part of Abu Dhabi's broader economic diversification strategy. GMI's facility will add to the growing cluster of steel and metals producers in the region, positioning the UAE as an emerging hub for specialty steel production in the Middle East. The project reflects a broader trend of Gulf states investing in downstream steel capacity to reduce import dependence and capture more value within their domestic economies.
For international steel traders and buyers, the new facility could eventually alter supply dynamics for specialty and alloy steels in the Gulf region, potentially offering a local alternative to imports from Asia and Europe once production ramps up.