India–US Trade Tensions Rise Over Steel and Auto Tariffs NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Jindal Steel Duqm, a subsidiary of the Naveen Jindal Group, is set to launch operations at its state-of-the-art, hydrogen-enabled green steel complex in Duqm, Oman by 2028. The \$3 billion facility, developed in two phases within the Special Economic Zone at Duqm (SEZAD), aims to position itself as one of the most advanced green steel plants globally.
Designed with future sustainability in mind, the 5 million tonnes per annum (MTPA) plant will initially use natural gas, with the capability to transition to green hydrogen as supply infrastructure develops. The plant features two Direct Reduced Iron (DRI) modules of 2.5 MTPA each. The first unit is expected to be operational by December 2028, and the second by 2030.
Engineered to be hydrogen-ready from inception, the facility plans to begin hydrogen injection by 2033, with a target of 10–15% hydrogen usage by 2035. This transition aligns with Oman’s broader renewable energy initiatives, which aim to deliver sustainable hydrogen supply by that time.
The plant will produce low-carbon Hot Briquetted Iron (HBI) and DRI to meet rising global demand, particularly from European steelmakers. Using Electric Arc Furnace (EAF) technology alongside the DRI route, the facility offers a cleaner, more flexible steel production model.
Jindal Steel Duqm secured land and formal agreements with the Omani government in 2022, marking a major step in advancing green steel manufacturing in the region.
Also Read : Adani Green Energy operates 448.95 MW solar projects in Khavda WABAG and PEAK to build 100 bio-CNG plants from sewage methane
Copper prices showed a slight uptick recently, closely following the movements of the US dollar, whi...
Non-Ferrous 12-Feb-2024
India’s manufacturing sector improved substantially at the begin of 2024 with factory activity...
Notification 01-Feb-2024
According to company sources, Coal India Ltd. is expected to achieve an output of over 773.7 million...
Mid Corporate 01-Apr-2024
India is on a mission to become the world's leading and most sustainable producer of critical minera...
Raw Material 20-May-2024
Tata Steel plans ₹11,500 cr global cost cuts. Focus on operational, fixed cost savings. Supports g...
Business 19-May-2025
Indian exports increased 170% to 44 million tonnes last year, with the majority going to China at a...
Ferrous 23-Feb-2024