Vale reported a 4.8pct YoY decline in iron ore pellet production at its Oman operations in the first quarter of 2026, reflecting maintenance activity and disruptions linked to the ongoing Middle East conflict. Output at…
Oman's Al Jazeera Steel Products Co. SAOG reported a decline in net profit for the first quarter of 2026, according to its unaudited financial results. Net profit fell 19pct YoY to OMR 1.71 mln (USD 4.44 mln), compared…
Meranti Green Steel is considering downstream steel investments as part of its long-term strategy alongside its planned low-carbon iron project in Duqm, according to local media reports. CEO Dr Sebastian Langendorf said…
Vale has advanced scheduled maintenance at its two iron ore pelletizing plants in Sohar, Oman. The shutdowns, originally planned for later in the first half of the year, were brought forward by several weeks as a…
Meranti Green Steel said its low-carbon iron project in Oman remains on track despite ongoing regional tensions, with no expected impact on delivery timelines. CEO Sebastian Langendorf said commissioning is planned for…
Meranti Green Steel is advancing key development milestones for its planned 2.5 mln tons per year hot briquetted iron (HBI) plant in Duqm, Oman, ahead of a final investment decision (FID), according to local media…
Jindal Steel Duqm LLC has received a 935-ton reactor at the Port of Duqm, with the heavy-lift operation handled by Kanoo Shipping, a major ship service provider in the Middle East. The operation was carried out under…
Meranti Green Steel has signed an agreement with a long-term strategic investor to support the development of its green iron project in Oman, bringing the project closer to a final investment decision (FID) targeted for…
Meranti Green Steel (MGS) has inaugurated a new office in Muscat, marking a strategic step in its Middle East expansion and reinforcing its focus on supplying certified low-carbon hot briquetted iron (HBI) to global…
Al Jazeera Steel Products Co. SAOG reported a strong improvement in profitability for the fiscal year ended 31 December 2025, according to its audited financial results. The company's net profit rose 35pct YoY to OMR…
Jindal Pelletizing LLC (JPL), a subsidiary of Jindal Steel Oman, has placed a purchase order for an initial 500-ton trial shipment of processed manganese ore from Kenya, marking a first step toward sourcing manganese…
Al Jazeera Steel Products Company SAOG has approved the formation of two wholly owned subsidiaries in the United States of America, according to a regulatory filing posted on the Muscat Stock Exchange. The board's…
Indian-backed Jindal Steel Group plans to expand its investments in Oman to reach a combined steelmaking capacity of 10 mln tons per annum, aiming to support the growth of a broader domestic steel ecosystem. According…
Vale reported a 5.1pct YoY decline in iron ore pellet production at its Oman operations in 2025, with output falling to 8.72 mln tons, according to company data. In the fourth quarter of 2025, pellet production in Oman…
The U.S. Department of Commerce has issued a final affirmative determination of circumvention in its investigation of circular welded carbon steel pipe (CWP) produced in Oman using Chinese-origin HR steel, Commerce said…
Jindal Steel Sohar, formerly Jindal Shadeed Iron and Steel and part of Jindal Steel Oman, reported a world record monthly rebar production of 158,460 tons in December 2025, achieved with zero safety incidents. The…
Meranti Green Steel has secured full offtake coverage for the first module of its green hot briquetted iron (HBI) plant in the Duqm Special Economic Zone, marking a key commercial milestone for the project. The…
Oman's Al Jazeera Steel Products Co. SAOG reported a strong improvement in profitability for the fiscal year ended 31 December 2025, according to its unaudited financial results. The company's net profit rose 35pct YoY…
A final investment decision (FID) on Vale's proposed low-carbon iron Mega Hub at the Special Economic Zone at Duqm is expected this year, with construction planned to start next year, according to Nasser al Azri, CEO of…
Sohar Port and Freezone has signed a USD 50 mln investment agreement with Oman Zinc LLC to develop a Zinc Ash Recycling Industrial Park on a 10-hectare site within the Sohar Freezone, according to a press release. The…