Global Chinese Steel Manufacturer to use DP World’s integrated hub to reach MENA Markets
The leading Chinese steel manufacturer, Maanshan Iron and Steel Co. Ltd (Masteel), has formally established Masteel Middle East FZE in Jebel Ali Free Zone (Jafza).
Qian Haifan, General Manager of Maanshan Iron and Steel Co. Ltd (Masteel), and Ahmad Al Haddad, Chief Operating Officer, Parks and Zones, DP World, UAE Region, jointly inaugurated the facility.
Masteel Middle East FZE（Masteel ME) is a subsidiary wholly owned by Masteel, mainly engaged in the export of all kinds of steel products of Masteel in the Middle East and North Africa.
Recognising the dynamic characteristics of the Middle East market, and combining the advantages of its diverse high quality products, Masteel ME is expanding the export market mainly for hot rolled steel, section steel and cold rolled steel, and PPGI (pre-painted galvanised iron) and GI (galvanised iron) products, as well as the shafts market.
“The inauguration of this new facility is a testament to Jafza’s value proposition as a leading driver of economic diversification,” commented Mohammed Al Muallem, CEO and Managing Director, DP World, UAE Region and CEO, Jafza.
