MUSCAT: Jindal Steel and Power Limited (JSPL) has commissioned a 1.4 million tonne per annum (MTPA) rebar mill at Sohar, Oman. The mill, the largest in Gulf and African region, along with the existing 2 MTPA SMS makes JSPL’s Jindal Shadeed the largest integrated steelmaker in Oman. The new rebar mill capacity will significantly strengthen Oman’s domestic production capacity to substitute dependence on imports for the construction sector in the country.
“The commissioning of the 1.4 MTPA rebar mill catapults Jindal Shadeed amongst the top 3 integrated steelmakers in the fast-growing Arabian Peninsula. In line with our commitment to strive for self-sufficiency in the geographies we operate in, we are confident that the construction sector of Oman would immensely benefit from Jindal Shadeed’s new rebar mill,” said Naveen Jindal, Chairman, Jindal Steel and Power Limited.
Jindal Shadeed has made investments of over $ 1 billion in establishing Oman’s largest integrated steel facility. The company has invested $ 190 million to set up the 1.4 MTPA rebar mill, which uses technology from Danieli of Italy, one of the leading global suppliers of equipment and plants to metals industry.
“Jindal Shadeed’s port-based integrated steelmaking facility would change the dynamics of Arabian Peninsula’s steel market, which so far has remained dependent on imports from major steel-producing nations. Considering the 15 MTPA rebar consumption in GCC countries, the production capacity of 1.4 MTPA rebars by Jindal Shadeed at Sohar (Oman) would add significant value to the construction sector of the region,” commented Ravi Uppal, MD and group CEO, JSPL.
JSPL’s Jindal Shadeed had earlier set up the largest electric arc furnace in the Arabian Peninsula. Jindal Shadeed is the only steelmaker in GCC to export special quality billets to Europe for automotive applications as well as special quality round billets to Saudi Arabia for manufacturing of seamless pipes. With the commissioning of the rebar mill, Jindal Shadeed’s capacities stand at 1.5 MTPA hot briquetted iron (HBI), 2 MTPA steel melting shop (SMS) and 1.4 MTPA rebar mill.
JSPL acquired Jindal Shadeed Iron & Steel (JSIS) in Sohar, Oman from Al Ghaith Holdings PJSC of Abu Dhabi in 2010. JSIS at Sohar is the first and largest integrated steel plant in Oman and fourth largest in the Gulf region. Jindal Shadeed commissioned its 1.5 MTPA direct reduced iron (DRI) furnace in December 2010, within a short period of its acquisition by JSPL. The company then successfully commissioned the 2 MTPA integrated steel plant (ISP) in 2014.
