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.