Yes, so you can remove the knife without removing the belt. With the fire steel loops, they're often put onto the bottom seam, thought I think Makael did one recently where it was vertical in between the straps, often where an altoids tin pouch is stored in the bushcraft scout carry sheaths.
Personally, I like the fire steel in it's one pouch or fire pack. It rarely needs to be out and exposed all the time like the knife does, since it sees a lot less use than the knife. I have worked out an altoids fire kit and I like it more than the fire steel loop just hanging out, out there.
Also, I've seen similar models to what Makael has above with a belt loop and dangler clipped on for vertical carry too. Usually, they're on the pricier side because there's a lot of features.
This is the revolution model from patriot leather, with all the bell's and whistles. I think he is or used to be a vendor here before he started patriot leather, username
@Skystorm if I have that all pieced together correctly.