Muscat, Oman, 24 Feb 2026 – Meranti Green Steel (MGS) today celebrated the official opening of its new office in Muscat, marking a key milestone in the company’s expansion across the Middle East and reinforcing its commitment to supplying low-carbon, certified Hot Briquetted Iron (HBI) to international partners.

The opening ceremony welcomed government officials, industry partners, customers, stakeholders and media. The ribbon-cutting was led by the MGS team and its partners, followed by speeches from Dr. Sebastian Langendorf, CEO of MGS; Saleh al Musalhi, CEO of Vale Mega Hubs – Middle East and North Africa; and Johannes Kleinebecker, COO of Thyssenkrupp Materials Trading.

During the opening speech, Dr. Sebastian Langendorf said:

“Opening our Muscat office is more than a milestone for Meranti Green Steel, it is a statement of long-term commitment to Oman and to building a practical pathway for industrial decarbonization. This project can only succeed through a strong ecosystem of partners, shared conviction, and an agile mindset, and we are grateful for the support we have received from Omani stakeholders and international partners as we move toward FID and execution.”

Johannes Kleinebecker, COO of Thyssenkrupp Materials Trading, added:

“Meranti Green Steel is demonstrating that profitability and environmental responsibility can advance together. The project shows that green transformation is not a compromise, but a competitive advantage. We look forward to working with Meranti Green Steel as an offtake partner for green steel intermediates, supporting the transition toward more sustainable steel value chains.”

The Muscat office reinforces MGS’s split production model, separating ironmaking and steelmaking to optimize cost, carbon efficiency and supply chain resilience. By producing certified low-carbon HBI in Oman and supplying international partners, MGS enables downstream manufacturers to focus on higher-value steel production while meeting sustainability and reporting requirements.

The project is expected to create more than 1,000 direct and indirect jobs in Oman and will support skills development through collaboration with local universities and technical institutions, while strengthening trade flows with Europe and other regions.

For further information, please contact Katie Aung, Director of Marketing and Public Relations of Meranti Green Steel at kaung@merantigreensteel.com

About Meranti Green Steel

Meranti Green Steel (MGS), headquartered in Singapore, is decarbonising the steel industry through a value chain model that decouples iron making from steelmaking. By producing certified green Hot Briquetted Iron (HBI) in Oman and completing green steel production in Thailand, MGS delivers high quality steel products with low carbon intensity, while maintaining cost competitiveness.

For its HBI production, MGS is initially using a natural gas-green hydrogen mix and will transition to full green hydrogen usage over time. This transition model allows MGS to deliver products that are both commercially viable and environmentally sustainable, combining cost efficiency with optimized low-carbon outcomes and full transparency. Supplying HBI from Oman not only to its Thailand steel plant but also to external offtakers, MGS is establishing itself as a strategic partner to European and global steelmakers.

Led by experienced steel industry experts, MGS combines decades of operational knowledge together with a clear vision for innovation and green steel leadership. Through partnerships with leading global players across the iron- and steel supply chain including raw materials, technology, processes, and logistics, MGS is building a robust business model focused on safe delivery and effective operations. We are not only producing HBI and green steel, we are helping to create a world where development and nature can be in balance.