Jindal Steel Group Targets 10 Million TPA Production Capacity in Oman
Jindal Steel Group plans to expand its operations in Oman to achieve a production capacity of 10 million tonnes per annum (tpa). The initiative aims to enhance Oman's GDP contribution and promote domestic steel consumption. By 2035, the Group intends for at least 25% of the steel produced to be consumed locally. The expansion includes a 5 million tpa low-carbon steel project in Duqm, with operations expected to start by Q1 2027.
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Jindal Steel Group aims to achieve a production capacity of 10 million tonnes per annum in Oman, enhancing its contribution to the GDP and non-oil GDP. The strategy includes ensuring that at least 25% of steel production is consumed domestically by 2035.
The Group has invested in an integrated complex at Sohar Port, featuring a 2 million tpa DRI plant and a 2.4 million tpa steel melt shop. Additionally, a 5 million tpa low-carbon steel project is under construction in Duqm, expected to be operational by Q1 2027. This project is positioned to meet rising demand from various industries due to upcoming decarbonization regulations.
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