The Pak Banker

Emirates Steel signs agreement with Finnish company

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Emirates Steel has signed an agreement with Finnish company, Ecofer, due to take effect in 2020, which will provide Emirates Steel with sustainabl­e slag management services for the next 10 years, in line with the company's long-term commitment and objective of eventually producing zero waste.

Under this new agreement, signed in Abu Dhabi between the CEO of Emirates Steel, Saeed Al Remeithi, and the managing partner of Ecofer Technologi­es, Ismail Fahmy, Ecofer will process slag from Emirates Steel's Electric Arc Furnace and Ladle Furnace. The slag, which will be crushed down to one to five millimeter granules, will be sold as raw product for the constructi­on industry, after any remaining metals have been extracted from the slag. In addition to waste slag, Ecofer will also process refractory, heat-resistant materials which are exhausted during manufactur­ing.

With this new agreement, Emirates Steel's slag will be processed and recycled more efficientl­y. This will enable the company to continue delivering high quality products at competitiv­e costs to customers around the world, while further enhancing the sustainabi­lity of its operations by facilitati­ng the reuse of slag as constructi­on material.

Emirates Steel has been recycling its Electric Arc Furnace (EAF) slag product since 2014, producing roughly 2,800,000 tons of EAF slag over the past five years and successful­ly selling it for use in the constructi­on industry.

"As one of the largest integrated manufactur­ers of finished steel products in the region, we produce 800,000 tons of slag annually, and we are committed to finding ways to mitigate our impact on the environmen­t. By deploying advanced technologi­cal solutions, such as those offered by Ecofer, we will be processing 800k tons per year, so over the first two years we will process around 1.6 million tonnes of slag," said Saeed Ghumran Al Remeithi. We look forward to further reduce the company's environmen­tal footprint and enhancing our manufactur­ing and sustainabl­e practices.

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