Emirates Steel is inviting bids for the third phase of its expansion project as the UAE aims to rival Saudi Arabia, the leading regional producer of the metal.
The development will create one of the largest integrated steel complexes in the Gulf by end of 2013.
"We are looking at real investment opportunities in the manufacturing of new products that will add to the company's competitive advantage and promote it to international standards," said Suhail Al Ameri, Emirates Steel's chairman.
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