February 2019 :- Commissioning of CRM Complex Underway at DANA STEEL Dubai UAE

DUBAI INDUSTRIAL PARK, UAE 

Dana Group is proud to announce that its sub-division DANA STEEL UAE www.danasteel.com (Division of DANA Group [www.danagroups.com] has completed the installation of its state of art Steel Mill complex at Dubai Industrial City, Dubai UAE. This completes phase 1 of Dana Steel’s CRM Complex. The AED 500Mln investment has been done in 2 parts. Construction of both the parts have been completed and installation, commissioning of machinery is underway. Dana Group Steel Mill complex is located in Dubai Industrial Park, which is strategically situated just 35 kms from Jebel Ali Sea port.

This will be a strategic move to strengthen DANA STEEL’s position as a prominent player in Middle East Flat Steel Market. DANA STEEL is already equipped with 4 Coil Service Centres across UAE, and has a well established distribution network across Middle East & Africa. Established in 1991, today DANA Group has a well diversified portfolio with companies in the steel,oil,retail,healthcare and hospitality sectors.

The Key Highlights of both parts of DANA Steel’s Steel Mill Complex are :-

*Continous galvanizing line[CGL] :- DANA STEEL UAE will be having the Only Continuous Galvanizing Line in the Middle East having Dual Pot Technology Enabling it to Manufacture Galvanized and Aluzinc Coils in the Same Production Line.The Line will  also be  equipped with the Latest Vertical NOF(Non-Ox Furnace) Technology to achieve online annealing and tempering to manufacture galvanized coils in Commercial,Lock Forming Quality LFQ,Structural Grades.Also Featured in the continuous manufacturing line will SKIN PASS MILL(SPM) and TENSION LEVELLER(TL) in order to give super-flat end-products which can be used for various high precision applications like home appliances, color coating, automobile body building sector. The  Installed Production Capacity will be  250,000 Mt/annum of Hot dip galvanized(GI) and Aluzinc(AZ) coils, with thickness ranging from 0.30mm to 2mm.

· Continuous Color Coating Line [CCL] :- DANA STEEL UAE will be the Only Continuous Color Coating Line in the Middle East having the Latest Korean Hot Lamination technology for producing Color Coated Galvanized,Aluzinc & Aluminium Coils with various patterns for precision end usage in construction and home appliances .Coil coating is a continuous online process for coating metal before fabrication into end products. The steel or aluminium substrate is delivered in coil form. The coil is positioned at the beginning of the coating line, and in one continuous online process, the coil is uncoiled, pre-cleaned, pre-treated, primer coated, baked and finally color coated and rebaked before being recoiled on the other end and packaged for shipment. The Installed Production Capacity will be  150,000 Mt/annum of Prepainted Galvanized(PPGI) Coils, Prepainted Aluzinc(PPAZ) and Prepainted Aluminum(PPAL)Coils, with thickness ranging from 0.20mm to 1.0mm.

Just last week, UAE Government had announced 10% import duty on rebars and steel coils for certain HS codes. The government has also planned on increasing tariffs on cheap imported steel as part of a coordinated action from GCC governments against alleged dumping of imported steel in local markets. Anti-dumping duty has been introduced on GCC imports for the first time, and Dana Group has strategically entered the market at this opportune time as with the help of Dana Group’s CGL and CCL project, there will be a boost to UAE’s local steel manufacturing capability.

“With the introduction of anti-dumping duty on coated products, and increase in custom duty on rebars and steel coils, UAE government has hinted and invited the UAE local players to join hands and grow the UAE economy in a self-sufficient way. We are proud to stand together with UAE government on this step and we hope to play our part in strengthening UAE’s local Steel Industry, which is the backbone of the entire construction economy”, said Dr B.S.Dana, Chairman of Dana Group of Companies. He further added “ADDING VALUE TO STEEL” has been our motto since inception, and with the Addition of our new State-of-the Art CRM Complex we will be poised to meet the increasing demand of the manufacturing sector in the Middle East”.

Dana Group is now seeking strategic partners and clients to help market its products in GCC and all across the globe. The group is also looking to partner with key suppliers and buyers for the long term. Dana Group is also open for any investment partners, so that the group can kick-start phase 2 of the project, which is the CRM complex (Cold Rolled Mill Complex).With it’s strategic location near the port and having easy access to all GCC Countries like Saudi Arabia,Oman,Kuwait,Bahrain and Also Other Neighboring Countries from Africa and the Arab World.