EMSTEEL and Modon have signed a strategic memorandum of understanding to explore potential collaboration on steel solutions for future developments. The partnership will assess innovative, high-yield and sustainable materials aimed at improving efficiency, performance and long-term value across projects. This marks the second MoU between the two companies, following an agreement signed in December 2024 that positioned Modon as the first developer in the UAE to adopt low-carbon steel. EMSTEEL said the collaboration supports the UAE's Net-Zero 2050 Strategy, including the use of green steel produced with certified renewable hydrogen from its pilot project with Masdar. Headquartered in Abu Dhabi, EMSTEEL has a production capacity of 3.5 mln tons of steel and 4.6 mln tons of cement annually. The group exports to over 70 markets, accounting for 30pct of its sales. The company offers a diverse range of steel products, including wire rod, rebar, heavy sections, and sheet piles.
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Steel NewsJanuary 16, 20261 min read