Meranti To Build Green Iron Plant In Oman

Duqm (PlantAndEquipment.com) - Meranti Green Steel of Singapore plans to develop a low-emission iron facility in the Duqm Special Economic Zone, producing direct reduced and hot briquetted iron with a natural gas and green hydrogen mix.

The company targets a final investment decision by mid-2026 and commissioning by 2029. Meranti said Oman’s energy resources and Duqm’s port access make it an ideal base to supply its Thailand plant and European buyers seeking low-emission steel.