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04 Apr
14:21

Oman's MG Group plans rebar steelworks with Iranian partner

Oman-based conglomerate MG Group plans to establish with an Iranian partner an induction furnace-based rebar steelworks in Sohar, MG chairman Salim al Mashekhi tells Kallanish. The steelworks will operate under the name Dhofar Steel. This was initially envisaged as a plant located in Salalah, in the southern Omani governorate of Dhofar, in partnership with Saudi and United Arab Emirates investors. However, issues with gas availability scuppered this pl…
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