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Jordan Steel is a Public Limited Shareholding Company (P.L.C.) that was established and registered in Jordan on march 3, 1993 under number (226) in the Public Shareholding Registry of the Ministry of Industry and Trade. Currently (J.S.) has fully paid up capital of 35,000,000 JDs (49,500,000 Dollars)
Since 1996, Jordan Steel (J.S.) continues to be the leading steel
manufacturing company in Jordan.
Production of high quality reinforcing steel bars commenced in
"1996". Working strictly according to international standards,
(J.S.) becomes the first steel company in Jordan to acquire the ISO
(9001:2000) certificate. Jordan Steel has around 250,000 tons
installed capacity.
In the year "2000", the company managed successfully to introduce
another range of products to the market, known as "Merchant Steel".
In "2003", (J.S.) established a new company, Jordan Steel
Engineering Industries (J.S.E.I.), specialized in cutting and
bending of steel re-bars for various construction projects. J.S.E.I
is the first company in Jordan to introduce such products and
services.
Jordan Steel continued developing and introducing new products as
part of its long-term strategy to provide not only products but also
solutions to the problems of the construction sector. Hence, (J.S.)
established in the year "2005", and in cooperation with a local
investor, the "Modern Wire Mesh Company" to produce wire mesh in
different sizes.
In "2005", Jordan Steel topped its diversified investments by
entering a 50/50 partnership in the "Consolidated Jordanian Iron &
Steel Works" company. This company will produce steel billets from
steel scrap. Jordan Steel will secure a safe & continuous supply of
raw material for his operation with this project.
In "2008", the Board of Directors took a strategic decision to buy the partners' (50%) share of the "Consolidated Jordanian Iron & Steel Works" company and to acquire (100%) ownership of this company, to implement this step, the shareholders took a decision in an extraordinary meeting to finance the purchase transaction through a (51.7%) increase in capital.
Jordan Steel strategy & vision stresses on growth & diversification
to meet the markets needs & the customers' expectations.
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