Emsteel, the largest steel producer in the United Arab Emirates, has signed a strategic memorandum of understanding (MoU) with local developer Modon to explore collaboration on sustainable steel solutions.
The agreement focuses on assessing innovative, high-yield, and sustainable steel materials to support efficiency, performance, and long-term value in future development projects.
No specific projects or timelines were disclosed, with both parties noting that the MoU is non-binding and centered on technical evaluation and exploratory cooperation.
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