KUWAIT STEEL

What KUWAIT STEEL does

Kuwait Steel, legally United Steel Industrial Company, is a private Kuwaiti Closed Shareholding Industrial Company founded in 1996 that manufactures and sells reinforcing steel bars (rebar), continuously cast square billets, and calcined lime and dololime. The company operates a vertically integrated production footprint in the Shuaiba industrial area of Kuwait comprising a 1.2 million metric tons per year Electric Arc Furnace steel making plant, two rolling mills (RM1 at 800,000 MT and RM2 at 600,000 MT) producing rebar from 8mm to 40mm diameter meeting ASTM, DIN, BS, SASO, and KWS GSO ISO 6935-2 standards, a 119,000 MT lime and dololime calcination plant commissioned in 2020 with Cimprogetti of Italy, and an in-house scrap processing facility commissioned in 2016 with Danieli Henschel. Over 80% of raw material feed is recycled steel scrap, supporting a sustainability positioning that the company emphasizes in marketing.

The company serves Kuwait's construction industry primarily through direct enterprise field sales, supplying steel to landmark government and enterprise projects including Kuwait Airport Terminal 2, the Sheikh Jaber Al-Ahmad Al-Sabah Causeway, Al Hamra Tower, multiple large hospitals (Farwaniya, Jaber Al Ahmad Al Sabah, Al-Adan), Kuwait University's Sabah Al Salem campus, and major road developments. A secondary customer segment targets industrial and oil & gas facilities. Revenue is generated through one-time sales of manufactured steel products and industrial lime, with pricing determined via direct commercial negotiations on project specifications. International certifications (ISO 9001, ISO 14001, ISO 45001, ISO 17025, ISO 30414, Kuwait Quality Mark, SASO Quality Mark) underpin market access and project qualification. The business is privately held with 900+ employees, no disclosed funding rounds, no M&A activity, and operates exclusively as a single-country Kuwaiti entity despite holding SASO certification signaling latent Saudi market access intent.

Name

KUWAIT STEEL

Legal name

United Steel Industrial Company (KUWAIT STEEL)

Website

https://kwtsteel.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Kuwait Steel (United Steel Industrial Company) is a Kuwait-based private manufacturer of reinforcing steel bars, steel billets, and calcined lime, operating integrated Electric Arc Furnace and rolling mill facilities in Shuaiba with 1.4M MT rebar capacity, supplying government infrastructure and construction projects.

Ownership category

akta.pro rank

Product category

Steel Products Manufacturing

NAICS

Iron and Steel Mills and Ferroalloy Manufacturing (331110)

SIC

Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310)

akta.pro primary industry

Long Products Manufacturing (Rebar, Wire Rod, Merchant Bar, Sections/Beams) (IMAKABAH)

akta.pro secondary industry

Construction & Demolition (C&D) Metal Recycling (Structural Steel, Rebar, Roofing, Wire) (IMAKAMAF)

Keywords

• Steel manufacturing
• Rebar production
• Steel billet casting
• Electric arc furnace
• Lime calcination

Headquarters

HQ city

Kuwait

HQ country

Kuwait

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Steel Products Manufacturing and Sales: Primary revenue stream from manufacturing and selling value-added steel products including reinforcing steel bars (rebar) produced from in-house billets, and continuously cast square billets meeting various international specifications.
2. Calcined Lime and Dololime Sales: Production and sale of high-quality quick lime and dolomitic lime used as flux in steel making and for other industries including Chemical & Industrial, Environment protection, and Construction sectors.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

KUWAIT STEEL manufactures and sells value-added steel products, primarily reinforcing steel bars (rebar) in diameters from 8 mm to 40 mm, continuously cast square steel billets, and high-grade calcined lime and dololime used as flux in steel refining and other industrial applications. Production is anchored by a 1.2 million metric ton steel making plant, two rolling mills with combined 1.4 million metric ton annual rebar capacity, and a 119,000 metric ton lime calcination plant located in Shuaiba, Kuwait.

Product overview

KUWAIT STEEL is a steel manufacturing company that produces three main products: Rebar (reinforcing steel bars in sizes 8-40mm diameter from in-house billets), Billet (continuously cast square steel billets), and Calcined Lime and Dololime (flux materials for steel refining with 119,000 metric tons annual capacity). The production facilities include a Steel Making Plant (1.2 million metric tons annual capacity), two Rebar Rolling Mills (combined 1.4 million metric tons annual capacity), a Lime & Dololime Calcination Plant, and a Scrap Processing Facility. Over 80% of steel scrap is used as raw materials for the Electric Arc Furnace.

Differentiator

Problem solved

Functional benefit

Products and services

• Rebar (Reinforcing Steel Bars)

Quantifiable outcome

• Over 80% steel scrap utilization as raw material feed for Electric Arc Furnace
• +2 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Kuwait Dive TeamminorStrategic or Co-development Partner · 1 January 2025Environmental organization partnered with Kuwait Steel for annual beach clean-up initiative at Mangaf Beach to protect Kuwait's coastline.
• Cimprogetti (Italy)coreStrategic or Co-development Partner · 1 January 2020Cimprogetti collaborated with Kuwait Steel to commission the Lime & Dololime Calcination Plant in January 2020, producing high-grade Calcined lime and Dololime with 119,000 metric tons annual capacity.
• Cancer Aware Nation Organization (C.A.N)minorStrategic or Co-development Partner · 1 January 2020Partnership for breast cancer awareness program through media advertisements in movie theaters, publications, and outdoor activities to enhance public understanding of risks and symptoms.
• Ministry of Social Affairs and Labor (Kuwait)minorStrategic or Co-development Partner · 1 January 2020Government ministry partnered with Kuwait Steel for major CSR initiative renovating children's home including theatre, playground, main entrance, and outdoor sitting area 'Diwaniya'.
• DANIELI HENSCHELcoreStrategic or Co-development Partner · 1 January 2016DANIELI HENSCHEL supplied the Scrap Processing Facility (Shear Machine) for processing heavy and bulk scrap metal, commissioned in 2016.
• Siderimpes (S.R.L) (Italy)coreStrategic or Co-development Partner · 1 January 2010Siderimpes was engaged to renovate and upgrade Rolling Mill Plant 2, increasing its annual capacity from 150,000 to 600,000 metric tons of rebar.
• Danieli & C. Officine Meccaniche (Italy)coreStrategic or Co-development Partner · 1 January 2007Danieli designed and supplied the steel making plant with 1.2 million metric tons annual capacity. The plant was built according to the latest and most advanced technologies within the field of steel plant equipment.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Al Ittefaq Steel Products Co. Al Ittefaq is a major Saudi rebar and billet producer serving domestic construction and GCC export markets. Directly comparable product mix (rebar, billet) and customer base (developers, contractors) to Kuwait Steel.
• Hadeed (SABIC): Hadeed is Saudi Arabia's flagship integrated steel producer (a SABIC subsidiary) and the most direct GCC comparable to Kuwait Steel. It produces rebar, wire rod, and long products from EAF/BOF processes and serves the same construction and infrastructure end-markets across the Gulf.
• Emirates Steel Arkan: Emirates Steel Arkan is the UAE's largest steel manufacturer and a direct regional peer in long products and rebar. It operates heavy-section and rebar rolling capacity with comparable international certifications and competes for GCC mega-project supply contracts.
• Qatar Steel: Qatar Steel is a regional EAF-based steelmaker producing rebar, billet, and wire rod primarily for the Qatari construction sector and GCC export markets. Comparable in scale, technology route, and product mix to Kuwait Steel.

Regional players

• Ezz Steel: Ezz Steel is the largest rebar and long products producer in Egypt and North Africa. It competes with Kuwait Steel indirectly in regional export markets and shares a similar product mix focused on construction-grade long products.
• Kardemir (Karabük Demir Çelik): Kardemir is a major Turkish integrated long products producer (rebar, sections, billet). Comparable in scale and product portfolio and a relevant competitor in regional rebar export markets where Kuwait Steel may seek growth.

Broad incumbents

• Nucor Corporation: Nucor is the largest EAF-based steel producer in the US and a global benchmark for scrap-fed long products manufacturing. While not a regional competitor, it offers the most relevant technology and operating model benchmark for Kuwait Steel's EAF scrap-utilization strategy.
• Gerdau S.A. Gerdau is a major Brazilian long products and rebar producer with global operations and a strong EAF/scrap-based operating model. Comparable in product mix and technology to Kuwait Steel, particularly relevant as a global benchmark for EAF long products economics.
• ArcelorMittal: ArcelorMittal is the world's largest steel producer with extensive long products capacity across multiple geographies. While not a direct GCC competitor, it sets global pricing benchmarks and competitive dynamics that affect Kuwait Steel's export potential.

Emerging players

• Commercial Metals Company (CMC): CMC is a US-based EAF minimill specializing in rebar and long products with strong vertical integration into scrap processing. Directly comparable to Kuwait Steel in technology route (EAF/scrap), product focus (rebar), and vertical integration model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/united-steel-industrial-co-
• Instagraminstagram.com/kwtsteelofficial
• Facebookfacebook.com/Kuwaitsteelco

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KUWAIT STEEL