TOKYO -- Kobe Steel and trading house Mitsui & Co. are studying building a factory in Oman for direct reduced iron, a steel feedstock with a relatively small carbon footprint, under plans announced Monday.
Commodities
Kobe Steel, Mitsui partner on low-CO2 iron processing in Oman
Plant would be among world's largest for greener feedstock amid decarbonization push
Direct reduced iron can be used in blast furnaces, reducing their coal consumption. © Reuters
Read Next
Latest on Commodities
