Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

German industrial gases and engineering company, Linde, signed a partnership agreement with Oman’s Moon Iron & Steel Company (MISCO) to develop and supply the company with an oxygen production plant, according to a company announcement on Feb 8.


Under the agreement, Linde will invest $26mn in the development of the oxygen production plant to meet MISCO’s ferrous scrap and direct reduced iron-fed electric arc furnace requirements in Sohar, Oman.


MISCO officially commenced commercial production from its SMS Group-built 1.2mn mt per annum electric arc furnace in March 2020, which has the capability of producing a wide range of steel billets and rebars.

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