{"id":2719,"date":"2025-07-29T16:12:00","date_gmt":"2025-07-29T12:12:00","guid":{"rendered":"https:\/\/omanet.om\/en\/news\/business\/oman-strategic-hub-for-green-iron\/"},"modified":"2025-07-30T01:18:24","modified_gmt":"2025-07-29T21:18:24","slug":"oman-strategic-hub-for-green-iron","status":"publish","type":"post","link":"https:\/\/omanet.om\/en\/news\/business\/oman-strategic-hub-for-green-iron\/","title":{"rendered":"Why Meranti Sees Oman as a Strategic Hub for Green Iron: Implications for Investors and Entrepreneurs"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitv3sog-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitv3sog-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitv3sog-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitv3sogw{container-type:inline-size;width:100%;max-width:970px;margin:0 auto;box-sizing:border-box}\r\n.hitv3soga{display:flex;flex-direction:row;align-items:center;justify-content:space-between;width:100%;box-sizing:border-box;text-decoration:none;color:#fff;font-family:-apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,system-ui,sans-serif;position:relative;overflow:hidden;cursor:pointer;background:linear-gradient(135deg,#111118 0%,#080808 100%);border:1.5px solid rgba(255,255,255,0.08);border-radius:14px;gap:20px;padding:20px 40px;transition:border-color .2s}\r\n.hitv3soga:hover{border-color:#dc262688}\r\n.hitv3sogg1{position:absolute;inset:0;background:radial-gradient(ellipse at 50% 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitv3sog-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OMAN OFFER<\/span><\/div>\r\n    <div class=\"hitv3sogh\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.15s;\">Websites For <span style=\"color:#dc2626;\">Omani Businesses.<\/span><\/div>\r\n    <div class=\"hitv3sogs\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.3s;\">Empower your brand with custom digital solutions designed for high conversion and market dominance.<\/div>\r\n    <div class=\"hitv3sogbl\"><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Responsive designs built for growth<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Fast loading with smart automation<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Build Your Free Website <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p><\/p>\n<p><strong>MUSCAT, JULY 29<\/strong> \u2014 Singapore-based low-carbon steel manufacturer <strong>Meranti Green Steel (MGS)<\/strong> is advancing plans to establish a Hot Briquetted Iron (HBI) facility in the Special Economic Zone (SEZ) in Duqm, located on Oman\u2019s southeast coast.<\/p>\n<p>The first phase of this project aims for an annual production capacity of <strong>2.5 million tonnes<\/strong> of HBI. Of this total, approximately <strong>60%<\/strong> is expected to be shipped as feedstock to Meranti\u2019s proposed green steel plant in Rayong, Thailand, which is scheduled to commence operations in <strong>2028<\/strong> and will produce an additional <strong>2.5 million tonnes<\/strong> of hot-rolled steel for industrial consumers across Southeast Asia. The remaining <strong>40%<\/strong> of HBI will be supplied to Meranti\u2019s global offtake partners.<\/p>\n<p>In a statement on July 29, 2025, Meranti highlighted the Oman project as a \u201cstrategic pillar of its integrated value chain,\u201d detailing various reasons for choosing Oman, particularly Duqm, for the HBI production facility.<\/p>\n<p>A primary factor is <strong>Oman&#8217;s access to competitive energy resources<\/strong>. Meranti noted that the country offers reliable and cost-effective natural gas, alongside a rapidly developing green hydrogen ecosystem, making it an ideal location for mass production of Direct Reduced Iron (DRI).<\/p>\n<p>Moreover, the company underscored <strong>Duqm&#8217;s infrastructure and export capabilities<\/strong>. \u201cThe Duqm Special Economic Zone provides industrial land, deep-water port access, and efficient permitting frameworks, facilitating rapid development and effective global distribution,\u201d it stated.<\/p>\n<p>Oman\u2019s strategic location also allows for efficient supply to Meranti\u2019s steel plant in Thailand and European offtakers seeking low-emission HBI. Shipping HBI from Oman not only enhances logistics but also reduces emissions compared to conventional supply routes.<\/p>\n<p>Earlier this month, Meranti announced tentative commitments from the Omani government regarding natural gas supply for the HBI project in Duqm. \u201cWith gas secured and partnerships for green hydrogen advancing, Oman is now ideally positioned to play a crucial role in our mission to decarbonize iron and steelmaking,\u201d the company noted.<\/p>\n<p>Meranti emphasized its collaboration with Omani authorities and its raw material partners as vital to achieving sustainable industrial growth, stating, \u201cTheir support is foundational to our success.\u201d<\/p>\n<p>As a relatively new player in Southeast Asia\u2019s steel sector, Meranti aims to leverage cutting-edge advancements in steelmaking and digital technologies to gain a competitive advantage. A key element of this strategy is establishing geographically decentralized HBI supply chains, sourcing from highly competitive regions like Oman and Western Australia. This approach allows Meranti to position HBI plants in areas with access to competitively priced natural gas and developing green or blue hydrogen, while locating steel production facilities closer to end-user markets.<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitl8gak-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitl8gak-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitl8gak-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitl8gakw{container-type:inline-size;width:100%;max-width:970px;margin:0 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitl8gak-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OFFER<\/span><\/div>\r\n    <div class=\"hitl8gakh\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.15s;\">Your Website <span style=\"color:#dc2626;\">Should Sell.<\/span><\/div>\r\n    <div class=\"hitl8gaks\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.3s;\">Custom-built websites with smart automation & AI-powered features.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>SEO-optimized & lightning fast<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Smart features built for your business<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Get Free Consultation <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p><strong>Special Analysis by Omanet | Navigate Oman&#8217;s Market<\/strong><\/p>\n<p>The establishment of Meranti Green Steel&#8217;s HBI facility in Duqm signifies <strong>a transformative opportunity for businesses in Oman<\/strong>, positioning the region as a key player in the green steel supply chain. This project not only enhances the <strong>competitive energy landscape<\/strong> but also opens avenues for investment in sustainable technologies that can attract global partnerships. <strong>Smart investors should focus on developing complementary industries<\/strong> to capitalize on this green transition, while businesses must be ready to adapt to emerging demands for low-emission materials.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore-based Meranti Green Steel plans to establish a Hot Briquetted Iron (HBI) facility in Oman\u2019s Duqm Special Economic Zone. The project targets 2.5 million tonnes of HBI annually, with 60% destined for a green steel plant in Thailand, set for 2028. Access to competitive energy and infrastructure in Oman are key factors.<\/p>\n","protected":false},"author":5,"featured_media":2720,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[114],"tags":[939,940,161],"class_list":["post-2719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-low-carbon-steel","tag-meranti-green-steel","tag-oman"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2025\/07\/3084910.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/2719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/comments?post=2719"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/2719\/revisions"}],"predecessor-version":[{"id":2721,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/2719\/revisions\/2721"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media\/2720"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media?parent=2719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/categories?post=2719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/tags?post=2719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}