The Czech company signed a memorandum of understanding with Vulcan Green Steel, which will build a plant in Dukm.
Czech hot rolled plate producer Vitkovice Steel has booked 1 million tons of green slabs to be produced in Oman by Vulcan Green Steel (part of Jindal Steel Group). This was reported by Ocelarska Unie.
As mentioned above, Vitkovice Steel has the ambition to become one of the first European producers of low-carbon rolled steel products produced with minimal environmental impact. According to the binding agreement signed by the parties, the Czech company will be able to produce up to 1 million tons of slabs with a thickness of 230 to 300 mm per year from the modern Vulcan Green Steel plant in the coming years. The prices and technical delivery conditions will be defined in separate agreements.
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