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Hamriyah Steel FZC is a Russia-Emirates joint venture established by METALLOINVEST and H.H. Sheikh Sultan Bin Khalifa Al Nahyan.

Under this project, a rolling mill will be constructed in a Free Economic Zone in order to supply 1M tpy rebar to the local construction market. It is no coincidence that the United Arab Emirates was chosen for this project, as it is a leading country of GCC region in terms of rebar consumption. Independent experts predict the Hamriyah Steel FZC project could occupy about 15 per cent of the UAE rebar market.