EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, has signed a 20-year natural gas supply agreement with ADNOC Gas worth between USD 3.5 and 4.2 bln, ensuring stable and reliable energy for its operations and long-term growth starting January 1, 2027.
Group CEO Engineer Saeed Ghumran Al Remeithi said the partnership secures a sustainable energy supply while supporting the UAE’s Net Zero 2050 goals and enhancing In-Country Value. With ADNOC Gas as a key energy partner, EMSTEEL aims to advance green steel production, improve efficiency across its value chain, and strengthen its role in the nation’s industrial development.
The agreement also underscores EMSTEEL’s contribution to the UAE economy through its growing supply of locally produced steel for ADNOC projects. EMSTEEL currently operates 86pct clean electricity and continues to invest in green hydrogen steelmaking, carbon capture, and circular manufacturing under its True Green sustainability framework.
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.
