August 30, 2008

RAK Steel set to commence production

Gulfconstructionworldwide.com reported that RAK Steel, spearheaded by Ras Al Khaimah Investment Authority, is to commence commercial production of a range of rebars for the construction industry at the end of last month, following completion of trial production.

The new energy efficient and environment friendly, 500,000 tonnes per year deformed steel reinforcement bar manufacturing mill has been set up with an investment of USD 50 million and will be the second largest producer of rebar in the UAE.

Dr Khater Massaad, chairman RAK Steel and CEO of Rakia said “RAK Steel will produce rebar from 8 mm to 40 mm diameter in variable lengths of 6 meters to 18 meters to both British and American standards.”