13,744.64 TRY BIST 100 BIST 100
53.21 EUR EUR EUR
46.33 USD USD USD
6.89 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
43.69 TRY Interest Interest
93.67 USD Fossil Oil Fossil Oil
6.21 USD Copper Copper
94.66 USD Silver Silver
99.41 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
99.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Oman's groundbreaking venture

Oman is poised to make history in the steel industry with the ambitious launch of Vulcan Green Steel in Duqm.

Oman's groundbreaking venture

Oman is poised to make history in the steel industry with the ambitious launch of Vulcan Green Steel in Duqm, a groundbreaking initiative by Jindal Steel Group. This aligns with Oman's commitment to achieve Net Zero Emissions by 2050 and establishes the country as a pioneer in green steel production. Expected to be completed by 2026, this mega project in Duqm's Special Economic Zone will create a 6 MTPA green hydrogen-ready steel plant, saving an impressive 12 million tonnes of CO2 annually. It's a significant step in the fight against climate change, heralding a new era of large-scale green steel production, powered solely by renewable energy and green hydrogen. This is set to be one of the biggest green steel investments in the Gulf Cooperation Council, sparking global anticipation and excitement.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

SMS group to transform Winjoy's rolling mill into an advanced copper strip production facility

Friday, June 19, 2026

Logistics pressure and supply uncertainty continue to shape steel prices across MENA and Africa

Thursday, June 18, 2026

The Turkish steel industry evaluated global developments in New York

Friday, June 19, 2026

Africa crude steel production rose to 2.1 million tons in April

Thursday, June 18, 2026

Iron ore prices decrease in the Far East led by China and South Korea

Thursday, June 18, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now