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RAK Steel, a joint venture of Ras Al Khaimah Investment Authority and Middle East Traders group, is the second largest rebar manufacturing mill in UAE - with a capacity of 500,000 tonnes per year located in Ras Al Khaimah.

RAK Steel, a joint venture of Ras Al Khaimah Investment Authority (Rakia) and Middle East Traders group, has announced that it intends to go ahead with plans to increase by 50 per cent its current production capacity of deformed steel reinforcement bars by the end of this year.

As part of a long-term strategy to cater to the gradual upturn in construction activities across the country, the steel manufacturing facility will invest $165 million to increase production from the current $500,000 to 750,000 tonnes per year.

阿联酋RAK钢铁公司扩大产能。阿联酋第二大螺纹钢生产商RAK钢铁公司计划扩大产能，到今年年底前产能将提升50%，到75万吨。该公司表示，扩大产能是长期战略的一部分，以应对阿联酋国内建筑业回暖的状况。阿联酋建筑业正在逐渐复苏，需求有所增加，目前该公司正全力组织生产，这是推动公司扩大产能的主要因素。目前一座新的直接还原铁厂正在建设当中，并已经从土耳其订购了大部分设备，预计2009年底或2010年初投入生产。国家已经通过积极主动的政府干预和各种形式的刺激使全球金融危机的影响降至最小，预计未来两年内，建筑市场将回到2008年以前的水平，此后每年将保持5%左右的增长。