Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
133 news items from Oman. Show all
Jindal Steel Duqm, a subsidiary of Jindal Steel Group, has placed an order with Danieli for a second hydrogen-ready direct reduction plant to produce hot-briquetted iron (HBI) in Duqm, Oman. The move follows the…
Oman will establish the region's first integrated green ship recycling facility in Khatmat Malaha, North Batinah, aligning with its 2050 net-zero strategy. The project, developed by the Ministry of Transport…
Hassan Allam Holding announced that its subsidiary, Hassan Allam Construction, has been awarded a contract to build a major water supply and wastewater system in Al-Amerat, Muscat, Oman, in collaboration with Oman Water…
Hafeet Rail has received its first shipment of railway tracks for the Oman-UAE Railway Network, marking a key milestone in the project's progress. The delivery, handled via the General Cargo Terminal at Sohar Port and…
Al Jazeera Steel Products Co. posted a 60pct YoY increase in net profit for the first half of 2025, reaching OMR 4.12 mln (USD 10.68 mln), up from OMR 2.56 mln in the same period last year, according to its latest…
Vale's iron ore pellet production in Oman fell nearly 32pct YoY in Q2 2025 to 1.744 mln tons, though it rose 9.3pct compared to the previous quarter. In the first half of 2025, Vale Oman's output declined 11.2pct YoY to…
The U.S. Department of Commerce has preliminarily determined that certain imports of circular welded carbon-quality steel pipe (CWP) completed in Oman using Chinese hot-rolled steel are circumventing existing…
Omani steelmaker Al Jazeera Steel Products Co. SAOG reported a strong 60pct YoY jump in net profit for the first half of 2025, according to its unaudited financial results. Net profit rose to OMR 4.12 mln (USD 10.6 mln)…
Singapore-based Meranti Green Steel has made further progress on its green iron project in Duqm, Oman, as part of its broader strategy to establish a sustainable steel value chain across the Asia-Pacific region. In a…
Jindal Steel Duqm, also known as Vulcan Green Steel and part of India's Jindal Steel Group, is targeting 2028 to begin operations at its upcoming 5 mln tons per annum green steel complex in the Special Economic Zone at…
Oman Chromite has increased its equity stake in Gulf Alloys and Metals (FZC) LLC from 20pct to 30pct, strengthening its position in the value-added chrome supply chain. The company operates a low-carbon ferrochrome…
Oman's exclusive natural gas transmission network owner and operator, OQ Gas Networks (OQGN), has awarded a line pipe supply contract to Jindal SAW Limited for the 193-km Fahud-Suhar Loop Line project, according to a…
Jinnan Iron & Steel Group has partnered with Metso for the supply of key process equipment for its upcoming greenfield iron ore concentrator plant in Sohar, Oman. The facility, located about 200 km north of Muscat, is…
Jindal Shadeed Iron & Steel LLC is modernizing its eight-strand Concast continuous billet caster at its facility in Sohar Port, Oman, to meet growing demand from the construction sector. The strategic upgrade further…
Sohar Freezone has signed a land lease agreement with Matrix Alloys (FZC) LLC to establish a state-of-the-art, environmentally friendly ferrochrome plant. The USD 10 mln project supports Oman's push toward sustainable…
Hafeet Rail, the cross-border railway developer linking Oman and the UAE, has signed an agreement with Brazilian iron ore producer Itaminas Comercio De Minerios S.A. to develop an integrated, sustainable logistics…
Investcorp, a global alternative investment firm, has announced that its infrastructure platform, Investcorp Aberdeen Infrastructure Partners (AIIP), will invest in a USD 550 mln marine infrastructure project at the…
Vale has signed a Head of Agreement (HOA) with OQ Alternative Energy (OQAE) during Oman Sustainability Week, marking a key step in its strategy to decarbonize operations and transition to renewable energy in Oman. The…
Jindal Renewables has signed a landmark Joint Development Agreement (JDA) with OQ Alternative Energy, Oman's national renewable energy champion, for a 500MW renewable energy project. The clean power will support…
OQ Exploration & Production (OQEP), listed on the Muscat Stock Exchange, has signed four major contracts worth over OMR 21 mln, according to local media. The largest contract was awarded to Technical Services Company to…
“Premium Content” marks a news item that needs a subscription to read in full.
