Jindal Steel Plans Advanced Hydrogen-Ready Ironmaking Facility in Oman
Jindal Steel is set to establish a second hydrogen-ready direct reduced iron (DRI) plant in Duqm, Oman, capable of producing 2.5 million tonnes of green iron annually. The facility will utilize a blend of 80% hydrogen and 20% fossil gas, showcasing carbon capture technology. The company has placed an order with Italian firm Danieli for the plant, although details regarding the binding nature of the order or a final investment decision remain unclear. The produced iron will be processed into hot briquetted iron for storage or export.
Theia Market Signal Identification - AI AssistedJindal Steel, a prominent player in the Indian steel industry, is embarking on an ambitious project to develop a second hydrogen-ready direct reduced iron (DRI) plant in Duqm, Oman. This facility is designed to produce an impressive 2.5 million tonnes of green iron annually, utilizing a cutting-edge blend of 80% hydrogen and 20% fossil gas, highlighting the company’s commitment to sustainable practices.
The order for the DRI plant has been placed with the renowned Italian technology firm Danieli, which will employ its Energiron DRI technology. While the details of the order's binding nature remain undisclosed, the move signifies Jindal's strategic push towards innovative ironmaking solutions. Once operational, the plant will convert iron into hot briquetted iron (HBI), facilitating both storage and export, and further establishing Jindal Steel's footprint in the global market for environmentally friendly steel production.
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