United Steel Industrial Company (KUWAIT STEEL) is a private Kuwaiti Closed Shareholding Industrial and Commercial Joint Venture Company that was established in 1996 through a joint partnership between Kuwaiti investors and ASCOTEC of Germany.
In the four years that followed KUWAIT STEEL, in collaboration with Voest Alpine of Austria erected the first fully-automated Rolling Mill in Kuwait. This Rolling Mill which is built on a 40,000 square meter plot of land, has an annual capacity of 650,000 mtpy of reinforcing steel bars with sizes ranging from 8mm to 40 mm in diameter.
Since 2003, KUWAIT STEEL was able to cater major portions of local market demands for this vital product, since the manufacturing process is entirely capable of meeting recognized stringent international standards such as ASTM, DIN, BS, SASSO and other standards required by the market..
The company’s production usually exceeds its yearly target, thus exporting products to neighboring countries which has constantly been part of its business.
In 2007, KUWAIT STEEL accomplished another goal by setting up its own Steel Making Plant which was awarded to M/s. Danieli & C. Officine Meccaniche of Italy. The new Steel Making Plant is built on a plot of land measuring 96,000 square meters at Shuaiba Industrial Area and has a capacity to produce 1.2 million mtpy of steel billets.
The Steel Plant is designed according to the latest technology specifically in the field of steel plant machinery equipment. The technological solution is characterized by the choice of high quality and productivity facilities, by which it is possible to achieve extremely efficient operating results with low man-power and specific energy consumption thereby making the plant highly competitive.
Upon commissioning in 2010 and after finishing the Guarantee Performance Test during the first quarter of 2011, the Steel Plant is in operation and producing to its full capacity.
During the same year of 2010, KUWAIT STEEL achieved yet another milestone by acquiring another Bar Rolling Mill Plant in Kuwait, having normal capacity of 250,000 mtpy which is currently being upgraded by M/s. Siderimpes (S.R.L) of Italy, to increase its capacity to produce 450,000 mtpy of rebar and will be put into operation in the second quarter of 2013.
Thus, it is worthwhile to mention that United Steel Industrial Company (KUWAIT STEEL) is the sole producer of steel rebar and billets in Kuwait.