RAK Steel aims to have 750,000 tonne capacity mill

RAK Steel, a steel manufacturing facility, plans to increase its annual deformed steel reinforcement bars capacity by 50 per cent by the end of this year to 750,000 tonnes.

The plant currently has a capacity of 500,000 tonnes of deformed steel reinforcement bars.

The boost in production capacity is also expected to increase RAK Steel's presence in the market as it is already the second largest producer of steel rebars in the UAE.