Mitsui's move into green metallics sets tone for steel's future in Middle East

Mitsui and Kobe Steel are seeking to reinforce their position in direct-reduced iron (DRI) production in the Middle East with the construction of a low-CO2 iron metallics production plant within the Special Economic Zone at Duqm, in the Sultanate of Oman.

The move comes amid ongoing efforts in ramping up DRI and DR pellet production capacity in the Middle East and North Africa region.

The production plant, which is set to...


Norman Fong

May 16, 2023

09:43 GMT