RAK Steel has officially inaugurated its $50 million factory in Al Ghail, Ras Al Khaimah, which will help boost steel production in the emirate.

The facility has begun production at a time when the demand for steel is at an all-time high, thanks to the continued construction boom in the UAE and the Middle East region, says a company spokesman.
Currently the Gulf region has one of the highest per capita consumption levels of steel products in the world at 440 kg, which is much higher than the world average of 182 kg.
A joint venture with Ras Al Khaimah Investment Authority (Rakia), Rak Steel is an energy-efficient, environment-friendly mill that will manufacture 500,000 tonnes of deformed steel reinforcement bars per year, the spokesman says.
“The value of projects under construction in the UAE alone is estimated at $220 billion, while it is in excess of $800 billion in the GCC as a whole,” he says.
“A significant amount of this value will be for steel. Moreover, the Gulf Organisation for Industrial Consulting (GOIC) recently estimated that the UAE would use 44 to 66 million tonnes of rebar products over the next 15 years,” he adds.
“RAK Steel, which commenced commercial production in February, will become the second largest producer of rebar in the UAE, and will effectively cater to the ever-growing demand for steel in the region,” says Rakia CEO Dr Khater Massaad.
“The facility will boast a sophisticated quality control laboratory and modern systems to ensure that all quality standards are consistently met.
“The quality of the company’s rebar has already received approval from leading consultants, contractors and Dubai Municipality, and we are confident of significantly growing our client base across the country in the shortest possible time,” he added.
RAK Steel produces rebar from 8 mm to 40 mm diameter in variable lengths of 6 to 18 m to both British and American standards using the Temperit process.