[SMM Iron & Steel] Meranti Green Steel Secures Full Offtake for 2.5 MTPA Oman Project

Published: Feb 9, 2026 14:06

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Meranti Green Steel announced in late January and early February 2026 that it has secured full offtake agreements for the first phase of its DRI/HBI plant in Al Duqm, Oman. Partners include Thyssenkrupp Materials Trading (1 mtpa) and Glencore. The project, which utilizes green hydrogen, is set for a final investment decision in mid-2026, with commissioning planned for 2029.

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