Czech Republic-based plate producer Vitkovice Steel has signed a memorandum of understanding with Oman-based Vulcan Green Steel, a subsidiary of India-based Jindal Steel Group, to procure green slab from the latter’s green steel plant currently under construction in Duqm, Oman, according to media reports.
Under the agreement, Vitkovice will be supplied with an annual one million mt of green slab at this plant in the coming years in line with its aim to produce rolled steel products with minimal environmental impact. The slabs will be produced with a thickness of 230-300 mm. Vulcan Green Steel’s new plant, which is scheduled to be completed in 2026, will use green hydrogen and have an annual production capacity of five million mt of carbon-free steel.
