Maanshan Iron and Steel Company (Masteel), a leading Chinese steel manufacturer, has announced the formal establishment of Masteel Middle East in Jebel Ali Free Zone (Jafza), Dubai, UAE.

Qian Haifan, general manager of Masteel, and Ahmad Al Haddad, chief operating officer, Parks and Zones, DP World, UAE Region, jointly inaugurated the facility, said a company statement. Masteel Middle East is a wholly owned subsidiary of Masteel, mainly engaged in the export of all kinds of steel products of Masteel in the Middle East and North Africa (Mena).

Recognising the dynamic characteristics of the Middle East market, and combining the advantages of its diverse high quality products, Masteel Middle East 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, it said.

Mohammed Al Muallem, CEO and managing director, DP World, UAE Region and CEO of Jafza, said: “The inauguration of this new facility is a testament to Jafza’s value proposition for large companies and reflects our position as a leading driver of economic diversification,” he added.

Qian Haifan, general manager of Masteel, said: “In recent years by taking inspiration from the Belt and Road initiative and Globalisation of China, we have focused on promoting the progress of its international operations.”