Atlas Steel to build OMR 112 million steel facility at Suhar Industrial City in Oman
2026-11-05 10:53:46 [Print]
Atlas Steel, backed by Atlas Investment, signed an agreement on October 28, 2026, to construct an integrated steelmaking and rebar manufacturing complex in Suhar Industrial City, Oman.
Overseen by the Public Authority for Special Economic Zones and Free Zones, the project represents an investment exceeding OMR 112 million and covers around 440,000 square meters.
The complex includes a 120-tonne electric arc furnace (EAF) steel melt shop with an annual capacity of 720,000 tons and a hot rolling mill designed for 700,000 tons of rebar per year.
Utilizing EAF technology, the facility will supply domestic construction and infrastructure needs while serving regional export markets, supporting industrial goals under Oman Vision 2040.
Overseen by the Public Authority for Special Economic Zones and Free Zones, the project represents an investment exceeding OMR 112 million and covers around 440,000 square meters.
The complex includes a 120-tonne electric arc furnace (EAF) steel melt shop with an annual capacity of 720,000 tons and a hot rolling mill designed for 700,000 tons of rebar per year.
Utilizing EAF technology, the facility will supply domestic construction and infrastructure needs while serving regional export markets, supporting industrial goals under Oman Vision 2040.
