Shadeed Iron & Steel

What Shadeed Iron & Steel does

Shadeed Iron & Steel (operating as Jindal Steel Oman / Jindal Oman) is an Oman-based steel manufacturer headquartered in Sohar with production operations at the Port of Duqm. The company produces low-carbon steel using Electric Arc Furnace (EAF) technology and Direct Reduced Iron (DRI) inputs, with a 5 million ton green steel plant scheduled to become operational in 2026 that will leverage Oman's renewable energy potential and hydrogen infrastructure to produce steel with a significantly lower carbon footprint than global blast furnace competitors. A patented closed-loop carbon recycling technology (via the PeroCycle partnership) targets up to 90% reduction in carbon emissions and decreased reliance on fossil fuel-based reducing agents.

The business operates as a B2B steel producer with quote-based pricing and two primary customer segments: EU export markets positioned to benefit from the Carbon Border Adjustment Mechanism (CBAM) effective January 1, 2026, and regional MENA steel buyers. Distribution is handled through direct B2B export channels to enterprise buyers in the EU and regional distributors across the Middle East and North Africa. The company actively participates in industry events such as the Middle East Iron and Steel Conference to engage with buyers and reinforce sustainability positioning.

The corporate history includes a prior divestiture from Jindal Steel & Power as part of a $1.8 billion international debt deleveraging programme (with the original entity sold to Vulcan Steel), and the current operating entity has continued to execute on growth, including the acquisition of Moon Iron and Steel in May 2026. Headcount of 251-500 employees is inconsistent with the planned 5 million ton capacity, suggesting significant automation, staged ramp-up, or that the headcount figure reflects pre-expansion operations.

Name

Shadeed Iron & Steel

Legal name

Jindal Steel Oman

Website

https://jindalshadeed.com

Company type

Private

Founded year

2005

Operating status

Acquired

Headcount range

251–500 employees

Short description

Shadeed Iron & Steel (Jindal Steel Oman) is an Oman-based green steel manufacturer using EAF/DRI technology, with a 5 million ton green steel plant launching in 2026. It serves EU export markets under CBAM regulations and regional MENA steel buyers through direct B2B channels.

Ownership category

akta.pro rank

Product category

Steel Manufacturing

NAICS

Iron and Steel Mills and Ferroalloy Manufacturing (331110), Iron and Steel Mills and Ferroalloy Manufacturing (3311)

SIC

Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310)

akta.pro primary industry

Electric Arc Furnace (EAF) Steelmaking (Incl. DRI/HBI-Based) (IMAKABAB)

akta.pro secondary industry

Direct Reduced Iron (DRI) & Hot Briquetted Iron (HBI) Production (IMAKABAC)

Keywords

• Green steel production
• Electric arc furnace steelmaking
• Direct reduced iron
• Low-carbon steel manufacturing
• Carbon recycling steel

Headquarters

HQ city

Sohar

HQ country

Oman

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Technology or R&D, Operations, Personnel, Marketing or Sales

Distribution channels2 records

Marketing channels1 record

Core offering

Shadeed Iron & Steel is an Oman-based integrated steel manufacturer that produces low-carbon steel using Direct Reduced Iron (DRI) and Electric Arc Furnace (EAF) technology at its Port of Duqm facilities. The company is constructing a 5 million-ton green steel plant in Oman, scheduled for completion in 2026, designed to leverage renewable energy and hydrogen to serve construction, infrastructure, and industrial customers, with a strategic focus on EU markets under the Carbon Border Adjustment Mechanism (CBAM).

Product overview

Jindal Shadeed Iron & Steel (operating as Jindal Oman) is an Oman-based steel manufacturer producing green steel through electric arc furnace (EAF) technology. The company's primary offering is its green steel plant with a 5 million ton annual capacity, targeting global markets including the EU under Carbon Border Adjustment Mechanism (CBAM) pressures.

Differentiator

Problem solved

Functional benefit

Products and services

• Green Steel Plant (5 million-ton capacity, Oman)
• Low-Carbon Steel Products (EAF-based)

Quantifiable outcome

• Up to 90% carbon emissions reduction through carbon recycling technology integration
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core and major.

• PeroCyclecoreTechnology or Integration · 11 May 2026PeroCycle, a closed-loop carbon recycling company, has secured a feasibility assessment contract with Jindal Steel (Oman) to explore integrating its patented carbon recycling technology into Jindal's steelmaking operations at the Port of Duqm. The technology captures industrial off-gases from steel production and reintroduces them as feedstock, potentially reducing carbon emissions by up to 90% and decreasing reliance on fossil fuel-based reducing agents.
• Vulcan SteelmajorOthersJindal Shadeed Iron and Steel in Oman was sold to Vulcan Steel as part of Jindal Steel & Power's international debt deleveraging program. The sale facilitated repayment of the $1.8 billion international debt.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Voestalpine: Austrian integrated steelmaker with HBI/DRI operations and active green hydrogen transition programs. Comparable in HBI/DRI process experience and EU CBAM exposure, though vertically broader into finished products.
• Nucor Corporation: Largest EAF-based steel producer in the United States with significant DRI capacity investments. A global benchmark for EAF/DRI cost efficiency and emerging decarbonization in steelmaking.
• Steel Dynamics Inc. One of the largest U.S. EAF flat-rolled steel producers with Sinton facility investments in DRI/EAF integration. Comparable in EAF-led growth strategy and pursuit of low-carbon steelmaking.
• ArcelorMittal: World's largest steel producer with multiple green steel and hydrogen DRI pilots across Europe, Brazil, and elsewhere. Comparable in transition ambition and EU CBAM exposure, though much broader in scale and product mix.

Emerging players

• SSAB: Swedish steelmaker leading the HYBRIT green steel initiative using hydrogen-based DRI. Comparable as a pioneer commercializing low-carbon EAF technology, though focused on premium specialty grades.
• Liberty Steel Group: Global EAF and DRI steel producer with explicit green steel ambitions across Europe and the Middle East. Comparable in scale, technology mix, and decarbonization narrative.

Direct peers

• Emirates Steel Arkan: UAE-based integrated steelmaker using EAF/DRI technology with a major green steel transition roadmap, including construction of green hydrogen DRI capacity. Direct competitor for low-carbon steel exports to EU under CBAM and for MENA regional supply.
• Hadeed (SABIC): Saudi Arabia's largest EAF steel producer operating DRI-based steelmaking, owned by SABIC. Directly comparable in feedstock strategy, regional logistics, and EU/regional export ambitions.
• Tosyali Holding: Turkish DRI and EAF steel producer with operations in Algeria and expanding low-carbon steel capacity. Direct process and regional peer, competing for Mediterranean and EU export volumes.

Regional players

• Qatar Steel: MENA-based DRI and EAF steelmaker with regional GCC distribution. Comparable in process technology and end-market exposure, though centered on Qatar rather than Oman.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shadeed Iron & Steel