Meranti Eyes Mid-2026 FID for Oman Green HBI Plant to Anchor Low-Carbon Steel Supply Chain

Singapore-based Meranti Green Steel (MGS) is targeting a mid-2026 Final Investment Decision (FID) on a 2.5 million tones per annum (mtpa) green Hot Briquetted Iron (HBI) plant in Oman’s Duqm Special Economic Zone.