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Arab Steel Summit

April 11, 2023

Oman and Japan cooperate to establish a direct reduced iron plant with a production capacity of 5 million tonnes

The Public Authority for Special Economic Zones and Free Zones signed a memorandum of understanding with the Japanese companies -Kobe Steel- and -Mitsui and Partners Ltd to establish a reduced iron plant in the Special Economic Zone at Duqm with a production capacity estimated at 5 million tonnes of reduced iron annually. Likewise, the two …

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Steel.. and testing the strength of China’s recovery

Clyde Russell After a stellar start to the year, China’s two leading steel and iron ore sectors are slowly losing momentum, raising concerns about the strength of the recovery of the world’s second-largest economy. Moreover, while prices across the steel complex have fallen in recent trading sessions, China’s iron ore imports appeared to be declining …

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Hydrogen sector.. and the trillion-dollar opportunities

Javier Doblas In pursuit of the Paris Agreement’s goal of reducing global greenhouse gas emissions, and limiting the rise in global temperatures to no more than 1.5°C above pre-industrial levels, replacing fossil fuels with renewable energy is critical to achieving this global target. However, the electricity generated using renewable energy sources will not be sufficient …

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