【Ferro-alloys.com】：According to a report published on 26 January by the Institute for Energy Economicsand Financial Analysis (IEEFA), Oman aims to become a global hub for green iron andsteel production through hydrogen-ready DRl investments and its strong renewableenergy potential.

Oman is advancing toward becoming a global center for green iron and steel production as part of itsbroader industrial transformation strategy. A new report released on 26 January by the Institute for EnergyEconomics and Financial Analysis (IEEFA) states that the country is building a strategic foundation fortransitioning from natural gas to green hydrogen by developing flexible technologies compatible withhydrogen use in direct reduced iron (DRl) plants.

Strong industrial infrastructure and investments

IEEFA highlights that oman is among the few countries in the MENA region with an integrated steelproduction value chain. With pelletizing facilities, DRI production, and electric arc furnaces, the countryholds a structural advantage in shifting toward low-emission production. Planned investments in Dugm aimto establish approximately 12.5 million tonnes per year of DRI/HBI capacity.

According to the report, new facilities are being designed to be compatible with hydrogen use. While naturalgas is expected to be used initially, the long-term goal is to increase the share of hydrogen. This transitionwill be decisive in positioning Omani products as "green steel" in international markets

Renewable energy and hydrogen targets

Oman's high solar and wind potential supports the clean energy infrastructure required for hydrogenproduction. The country plans to reach an annual green hydrogen production capacity of 1 -1.5 milliontonnes by 2030. This target forms the backbone of its strategy to reduce carbon intensity in the steel sector.

IEEFA notes that oman's strategic geographic location, investor-friendly regulatory framework, and energyresources could position the country as a competitive player in the global low-carbon steel supply chain.Growing demand for green steel in Europe and Asia, in particular, may further strengthen Oman's exportpotential.

• [Editor:Alakay]