Arab Steel Summit
Arab Steel Summit
steel Oribis
steel Oribis
steel Oribis

Memorandum of Cooperation to study and explore the development of an integrated industrial complex in Oman

The Ministry of Commerce, Industry and Investment Promotion signed a memorandum of cooperation with Vale SA “Vale”, in partnership with the Public Authority for Special Economic Zones and Free Zones, and the National Program for Investment and Export Development “Nizhar”. The memorandum of cooperation includes a study and exploration of the feasibility of developing an integrated industrial complex in the Sultanate of Oman in line with the priorities global goal of determining the carbon footprint by 2050.

The Ministry and Vale will cooperate in developing an industrial complex for the production of direct reduction metals and concentration and integration facilities, where the production of ductile iron (HBI) using natural gas leads to a reduction of carbon dioxide emissions by (60%) over the emissions resulting from iron production. By following this integrated path and using hydrogen, it is possible Eliminate carbon emissions.

The Ministry and Vale are currently assessing responsibilities and opportunities; Vale is expected to invest in, build and operate a concentration and briquetting plant to be located in Oman, ensuring the supply of iron ore. The Ministry, in cooperation with Vale, is expected to enhance the development of the complex by building the required logistical facilities, investing in direct reduction plants, constructing and operating them. New parties may be invited in the future to enter into partnerships with the complex, and the complex is expected to expand by supplying various markets all over the world. To promote decarbonization in the steel industry.


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لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.


92 Members

28 Board of Directors

17 Country

300.000 Employees

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