MMFX Technologies’ Middle East subsidiary, MMFX Steel DMCC has teamed up with International Quality Steel (IQS) to start the production of MMFX2 concrete reinforcing steels in the UAE. IQS, a group company of ANC Holdings, is a renowned steel producer in the UAE.
IQS develops MMFX’s high-strength, uncoated corrosion-resistant steels and this expands the production capability of MMFX in the Middle East market. MMFX also benefits from a local supply source and in turn can improve its capability to meet customers’ requirements. There is an increasing demand for MMFX2 products, especially in environments where corrosion is a major issue.
Tests have demonstrated that MMFX2 concrete reinforcing steels are 2x more stronger and 5x more corrosion-resistant than standard steel. In contrast to 420 MPa [60 KSI]) steel product, MMFX’s high-strength steels, ranging from 690 MPa [100 KSI] to 840 MPa [120 KSI], are cost-effective when structures are developed at the higher strength.
These benefits offer a competitive edge to MMFX in the Middle East market, where humidity, aggressive soils, and extreme temperature variations speed up steel corrosion. Rusting of reinforcing steel can weaken the concrete structure. On the other hand, MMFX2 can cut down life-cycle expenditures and extend the service life for commercial structures, bridges and similar concrete reinforced steel structures.
MMFX Steel will leverage IQS’s production capabilities to increase its product supply in the Middle East market. IQS develops high-quality and specialty billets at 100,000 mt per year.
MMFX Steel and Zamil Group Holding Company are marketing MMFX2 across the Middle East.
Source: http://www.mmfx.com/