EMSTEEL Reports Robust Q1 2025 Financial Performance Amid Strategic Investments
EMSTEEL's Q1 2025 results highlight a 1% revenue increase to Dhs2.2bn, driven by strategic investments and operational excellence, despite challenges in steel pricing.
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View PricingIn 2024, the market for slabs, billets and blooms of iron and steel in the United Arab Emirates decreased by X% to $X, falling for the second consecutive year after three years of growth. In general, consumption enjoyed a strong expansion. Over the period under review, the market hit record highs at $X in 2022; however, from 2023 to 2024, consumption remained at a lower figure.
In value terms, production of slabs, billets and blooms of iron and steel soared to $X in 2024 estimated in export price. In general, production continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2024, production of growth failed to regain momentum.
In 2024, overseas shipments of slabs, billets and blooms of iron and steel were finally on the rise to reach X tons after four years of decline. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2024, the exports failed to regain momentum.
In value terms, exports of slabs, billets and blooms of iron and steel skyrocketed to $X in 2024. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2019; however, from 2020 to 2024, the exports failed to regain momentum.
Thailand (X tons) was the main destination for exports of slabs, billets and blooms of iron and steel from the United Arab Emirates, with a X% share of total exports. Moreover, exports of slabs, billets and blooms of iron and steel to Thailand exceeded the volume sent to the second major destination, the UK (X tons), sixfold.
From 2012 to 2024, the average annual growth rate of volume to Thailand totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Turkey (X% per year).
In value terms, Thailand ($X) emerged as the key foreign market for slabs, billets and blooms of iron and steel exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports.
From 2012 to 2024, the average annual growth rate of value to Thailand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Turkey (X% per year).
The average export price for slabs, billets and blooms of iron and steel stood at $X per ton in 2024, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2024, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2024, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.
From 2012 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (X%), while the prices for the other major destinations experienced more modest paces of growth.
In 2024, purchases abroad of slabs, billets and blooms of iron and steel increased by X% to X tons for the first time since 2021, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2024, imports stood at a somewhat lower figure.
In value terms, imports of slabs, billets and blooms of iron and steel expanded sharply to $X in 2024. In general, imports, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2024, imports stood at a somewhat lower figure.
In 2024, the Netherlands (X tons) constituted the largest slabs, billets and blooms of iron and steel supplier to the United Arab Emirates, with a X% share of total imports. Moreover, imports of slabs, billets and blooms of iron and steel from the Netherlands exceeded the figures recorded by the second-largest supplier, South Africa (X tons), fivefold. Italy (X tons) ranked third in terms of total imports with a X% share.
From 2012 to 2024, the average annual growth rate of volume from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Italy (X% per year).
In value terms, the Netherlands ($X) constituted the largest supplier of slabs, billets and blooms of iron and steel to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with a X% share of total imports. It was followed by the UK, with a X% share.
From 2012 to 2024, the average annual growth rate of value from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and the UK (X% per year).
The average import price for slabs, billets and blooms of iron and steel stood at $X per ton in 2024, surging by X% against the previous year. Over the period under review, the import price saw a mild expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2024, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.
From 2012 to 2024, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides a comprehensive view of the slabs, billets and blooms of iron and steel industry in the United Arab Emirates, tracking demand, supply, and trade flows across the national value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.
Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between domestic suppliers and international partners. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the slabs, billets and blooms of iron and steel landscape in the United Arab Emirates.
The report combines market sizing with trade intelligence and price analytics for the United Arab Emirates. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts.
This report provides a consistent view of market size, trade balance, prices, and per-capita indicators for the United Arab Emirates. The profile highlights demand structure and trade position, enabling benchmarking against regional and global peers.
The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.
All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.
The forecast horizon extends to 2035 and is based on a structured model that links slabs, billets and blooms of iron and steel demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts in the United Arab Emirates.
Each projection is built from national historical patterns and the broader regional context, allowing the report to show where growth is concentrated and where risks are elevated.
Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.
Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.
This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of slabs, billets and blooms of iron and steel dynamics in the United Arab Emirates.
The market size aggregates consumption and trade data, presented in both value and volume terms.
The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.
Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.
The report benchmarks market size, trade balance, prices, and per-capita indicators for the United Arab Emirates.
Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Export
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
EMSTEEL's Q1 2025 results highlight a 1% revenue increase to Dhs2.2bn, driven by strategic investments and operational excellence, despite challenges in steel pricing.
Explore EMSTEEL's pioneering efforts in sustainable steel production in the UAE, focusing on AI, green hydrogen, and carbon capture to enhance efficiency and reduce emissions.
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Charts mirror the report figures on the platform. Values are synthetic for demo use.
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