Emirates Steel Arkan, ITOCHU and JFE Steel have joined forces to produce DRI products

Emirates Steel Arkan (UAE) in partnership with Japan’s ITOCHU and JFE Steel is considering the possibility of building a plant for the production of direct reduced iron (DRI) products in Abu Dhabi. SteelOrbis reports about it.

Currently, a partnership agreement has been concluded between the companies. They will conduct a feasibility study for the creation of a raw materials steel hub to meet the growing needs for green steel.

ITOCHU will be responsible for supplying Abu Dhabi with high-grade iron ore through its network, which is expected to start in the second half of 2025. Emirates Steel Arkan will use it to produce raw materials including DRI or hot briquetted iron (HBI). It will be supplied to customers mainly from Asia, including JFE Steel. JFE will use this raw materials to produce steel, which will help reduce carbon emissions.

According to Saeed Ghumran Al Remeiti, CEO of Emirates Steel Arkan, the group’s carbon footprint is already significantly lower than many others in the world thanks to the use of natural gas and advanced DRI technologies.

As GMK Center reported earlier, the largest steel producer in Germany, ThyssenKrupp, will allocate €2 billion for the construction of a plant for the production of green steel at one of its German plants. A DRI unit at the Duisburg plant will be built as part of the decarbonization plan.

  • Global Market

Global exports of coking coal fell by 1.4% year-on-year in January-May

Global coking coal exports in January-May 2025 decreased by 1.4% year-on-year to approximately 139 million…

Wednesday June 25, 2025
  • Global Market

European steel producers call on Brussels to impose duties on scrap exports

Steel producers in the EU are calling for the introduction of duties or restrictions on…

Wednesday June 25, 2025
  • Global Market

France reduced steel production by 20.6% y/y in May

In May 2025, French steel enterprises reduced steel production by 20.6% compared to May 2024,…

Wednesday June 25, 2025
  • Companies

Třinecké železárny produced 2.42 million tons of steel in 2024

In 2024, Czech steel giant Třinecké železárny (TŽ) increased its steel production to 2.425 million…

Wednesday June 25, 2025
  • State

The German government has approved a draft budget with a high level of borrowing

On June 24, the German government approved the draft federal budget for 2025, along with…

Wednesday June 25, 2025
  • Companies

Interpipe supplied premium pipes for gas production in Romania

Ukrainian industrial company Interpipe has supplied premium pump and compressor pipes to Romania. This is…

Wednesday June 25, 2025