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Indian PSUs Seek Further Ties with UAE in Steel and Aluminium Sectors

  • During his recent UAE trip, the minister concluded a three-day visit with inaugurations of NMDC and MECON offices in Dubai and a meeting with Sheikh Saud.
  • During his UAE visit, the minister discussed securing long-term access to Ras Al Khaimah's low-silica limestone and sourcing critical minerals like dolomite and steel-grade limestone.
  • India's SAIL has over 20 million tonnes annual steel capacity, sourcing 2.5 million tonnes of limestone from Ras Al Khaimah's Stevin Rock annually.
  • The Dubai office opening is expected to expand business opportunities for SAIL and facilitate a joint CEPA-based working group for long-term collaboration.
  • Looking ahead, India aims for 300 million tonnes of steel by 2030, supported by UAE's energy-efficient systems and mineral resources, aligning with Modi's expansion goals.
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The Hans India broke the news in on Tuesday, July 1, 2025.
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