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UAE steel producer Emsteel has signed a natural gas supply agreement with ADNOC Gas, a subsidiary of Abu Dhabi National Oil Company, for a contract worth approximately US$3.5 billion to US$4.2 billion. B27P100-LM oriented electrical steel, Both companies issued separate statements on November 26 confirming the cooperation.
This 20-year long-term agreement, effective January 1, 2027, will provide Emsteel with a stable natural gas supply for its production operations, green transformation, and future expansion plans. B27P100-LM oriented electrical steel, The company stated that this move will form an important foundation for its long-term development and energy efficiency improvements.
Currently, 86% of the energy used in Emsteel's production processes comes from electricity. The company is increasing its investment in green hydrogen metallurgy, carbon capture, and circular manufacturing, and is advancing its low-carbon transformation in accordance with its "True Green" sustainability framework. B27P100-LM oriented electrical steel, The company aims to reduce greenhouse gas emissions intensity in its steel business by 40% and its cement business by 30% by 2030, and achieve net-zero emissions across all its businesses by 2050.
Emsteel currently has a steel production capacity of 3.5 million tons per year and a cement production capacity of 4.6 million tons per year. This agreement with ADNOC Gas is seen as a key step in its long-term green development strategy.
