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.
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