Middle East Economic Survey
VOL. LII
No 38
21-Sep-2009
UAE
ESI Signs $474Mn Contract With Danielli For New Rolling Mill
Emirates Steel Industries (ESI), a subsidiary of state-owned Abu Dhabi Basic Industries Corporation, announced on 14 September that it had signed a Dh1.74bn ($474mn) contract with Italys Danielli Corporation for the construction of Phase 2 B of the companys overall Dh9bn ($2.45bn) expansion plan in Musaffah, Abu Dhabi. Danielli will be the contractor for construction of a heavy...
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