UAE Steel Market Size is Expected to Reach USD 6,231.75 Million By 2033 | CAGR: 3.18%

UAE Steel Market Overview

Market Size in 2024: USD 4,701.65 Million

Market Size in 2033: USD 6,231.75 Million

Market Growth Rate 2025-2033: 3.18%

According to IMARC Group's latest research publication, "UAE Steel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the UAE steel market size reached USD 4,701.65 Million in 2024. The market is projected to reach USD 6,231.75 Million by 2033, exhibiting a growth rate (CAGR) of 3.18% during 2025-2033.

How AI is Reshaping the Future of UAE Steel Market

● AI-Optimized Production Scheduling: AI platforms at Emirates Steel in Abu Dhabi predict furnace loads, reducing energy consumption by 20% and boosting output in the UAE's $8 billion steel market under Vision 2031.

● Predictive Maintenance for Rolling Mills: Machine learning forecasts equipment failures in Dubai plants, cutting downtime by 25% and ensuring continuous supply for Expo 2030 infrastructure.

● Automated Quality Inspection: Computer vision detects surface defects in Sharjah steel coils in real-time, improving quality control by 30% and minimizing rejections for high-grade exports.

● Smart Supply Chain Forecasting: AI analyzes global part metal prices for Jebel Ali recyclers, optimizing procurement costs by 15% and supporting sustainable steel production.

Grab a sample PDF of this report: https://www.imarcgroup.com/uae-steel-market/requestsample

How AI is Reshaping the Future of UAE Steel Market

● AI optimizes production processes in UAE steel plants by analyzing real-time data from furnaces and rolling mills, improving energy efficiency and reducing costs for major producers like EMSTEEL amid high-demand infrastructure projects.

● Predictive maintenance powered by AI minimizes equipment downtime and failures in steel fabrication facilities, enhancing operational reliability and supporting the rapid pace of construction in Dubai and Abu Dhabi.

● AI-driven quality control systems detect defects early through advanced imaging and analytics, ensuring higher standards for structural steel used in skyscrapers, bridges, and renewable energy installations across the UAE.

● In supply chain management, AI forecasts demand and manages inventory for rebar and flat steel, helping UAE manufacturers align with fluctuating construction cycles and export opportunities to GCC markets.

● AI supports sustainability goals by optimizing low-carbon production techniques, such as integrating green hydrogen data, aligning with UAE's net-zero ambitions and appealing to eco-conscious developers.

How We the UAE 2031 is Revolutionizing UAE Steel Industry

We the UAE 2031 vision propels the steel sector by aiming to double GDP to AED 3 trillion, boost non-oil exports, and drive massive infrastructure, industrial, and sustainable development investments. This national plan accelerates mega-projects in transportation like Etihad Rail expansions, smart cities, renewable energy hubs including solar and hydrogen facilities, and resilient urban developments, all requiring substantial structural steel, rebar, and prefabricated components. Economic diversification reduces oil reliance while emphasizing advanced manufacturing and green technologies, encouraging local producers to adopt innovative, low-carbon methods and expand capacity. Government initiatives promote foreign investment, technology integration, and sustainability standards under frameworks like Estidama, increasing demand for high-performance and traceable steel. The vision fosters public-private partnerships, enhances logistics and industrial zones, and supports tourism and real estate growth, positioning the UAE as a regional hub for quality steel production and fabrication while ensuring long-term market stability and competitiveness through strategic economic reforms.

UAE Steel Market Trends & Drivers

The UAE steel market experiences robust expansion fueled by ongoing urbanization, mega-infrastructure projects in residential, commercial, and transport sectors, and strong demand for rebar, structural beams, and prefabricated steel in Dubai and Abu Dhabi developments. Rising investments in renewable energy, smart cities, and logistics hubs, combined with government focus on sustainability and green building codes, drive adoption of low-carbon and high-strength steel products while boosting prefabrication for faster, eco-friendly construction.

Key drivers include Vision 2031's economic diversification pushing industrial and energy projects, sustained real estate and tourism growth increasing material needs, protective tariffs maintaining domestic stability, and technological advancements like automation enhancing efficiency. Export opportunities to GCC and African markets, alongside regulatory emphasis on traceable and sustainable sourcing, further propel market growth amid steady infrastructure spending.

Buy the Latest 2026 Edition: https://www.imarcgroup.com/checkout?id=38161&method=3902

UAE Steel Industry Segmentation:

The report has segmented the market into the following categories:

Type Insights:

● Flat Steel
● Long Steel

Product Insights:

● Structural Steel
● Prestressing Steel
● Bright Steel
● Welding Wire and Rod
● Iron Steel Wire
● Ropes
● Braids

Application Insights:

● Building and Construction
● Electrical Appliances
● Metal Products
● Automotive
● Transportation
● Mechanical Equipment
● Domestic Appliances

Regional Insights:

● Dubai
● Abu Dhabi
● Sharjah
● Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Recent News and Developments in UAE Steel Market

● January 2025: UAE authorities approved large steel procurement packages for ongoing infrastructure, logistics parks, and mixed-use developments, boosting demand for rebar and structural steel.

● March 2025: Emirates Steel Arkan announced a major capacity optimization and product mix upgrade, focusing on higher-grade construction steel and low-carbon manufacturing processes.

● June 2025: Mega real estate and industrial developers signed long-term steel supply agreements with domestic mills to lock in volumes amid sustained construction activity.

● September 2025: The UAE accelerated adoption of green steel and recycled-content standards in public projects, encouraging producers to expand electric arc furnace (EAF) and defect-based production.

● December 2025: Strong exports to GCC and African markets led UAE steel producers to secure new port handling and logistics contracts, reinforcing the country's role as a regional steel supply hub.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-201971-6302

This release was published on openPR.