group "Chaim Steel" It launches its operations in Al Hamriyah Free Zone in Sharjah
Sharjah, 6 July / WAM / Shaim Middle East, a subsidiary of the Indian Shaim Steel Group, today inaugurated its new industrial facility in the Hamriyah Free Zone in Sharjah, with an initial investment of 60 million dirhams, marking the launch of the first investments of the international Shaim Steel Group, enhancing its presence in the non-ferrous metals recycling and manufacturing sector and serving the markets of the Middle East, the Gulf Cooperation Council countries, Africa, Asia and Europe.
This step reflects the growing confidence enjoyed by the Hamriyah Free Zone Authority in Sharjah among major international industrial groups.
His Excellency Saud Salem Al Mazrouei, Director of the Hamriyah Free Zone Authority in Sharjah, toured the company’s industrial facility in the presence of Mr. Siddharth Beriwal, Director of Shyam Middle East, and a number of officials from both sides.
His Excellency was briefed on the various production stages, metal recycling systems, aluminum and copper alloy manufacturing techniques, in addition to the quality control system, technical laboratories and advanced industrial equipment that the company adopts to ensure the highest standards of efficiency, quality and sustainability.
He listened to an explanation from company officials about its operational and expansion plans that aim to enhance the efficiency of production processes and benefit from the facility’s production capacity of 24 thousand tons annually of aluminum alloys and 6 thousand tons annually of copper alloys, in addition to implementing future expansion stages that include manufacturing special steel alloys and rare metals in a way that supports advanced value-added industries.
His Excellency Al Mazrouei was briefed on the company’s plans in conjunction with the implementation of new investment phases worth up to 150 million dirhams over the coming years with the aim of expanding its manufacturing capabilities, diversifying its products and enhancing its competitiveness in the advanced industries sector. Future plans include expanding the manufacturing of special steel alloys and rare earth metals, which will enhance the company’s export map and support the arrival of its products to new markets in the Middle East, Africa, Asia and Europe.
His Excellency Saud Salem Al Mazrouei stressed that the choice of the “Shame Steel” group, which has more than seven decades of experience in the industrial sector, to launch its first international investments from the Hamriyah Free Zone reflects the growing confidence that Sharjah enjoys with major international industrial groups and confirms the success of the Authority’s efforts in attracting quality industrial investments and supporting the goals of the National Strategy for Industry and Advanced Technology “300 Billion Project” in addition to the “Make in the Emirates” initiative by attracting advanced and sustainable industries that enhance the circular economy and raise the added value of the industrial sector by It is in line with the UAE’s vision to consolidate its position as a global industrial center by 2031.
He added that the Hamriyah Free Zone Authority continues to work to attract quality industrial investments that contribute to diversifying the emirate’s economic base and support advanced and sustainable industries.
Beriwal said that the opening of the new facility represents a strategic milestone in the group’s journey and establishes a new phase of expansion in the markets of the region and the world, stressing that the selection of the Hamriyah Free Zone came after a comprehensive study of the strategic location it provides, global infrastructure, specialized industrial facilities, and flexible investment policies, in addition to its direct connection to the port, regional and international transport networks, its proximity to Sharjah International Airport, and easy access to international shipping lines.
He added that the company aims to become a regional center for recycling and manufacturing non-ferrous metals by producing high-quality aluminum and copper alloys according to the highest international standards, while continuing to invest in modern technologies, obtaining international certificates, and developing new products that serve the automotive and electrical industries, and the aluminum and die casting sectors, engineering, and connectors.
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