Steel

Nigeria’s steel industry seeks reformation amid production setbacks

By Onome Amuge  The global steel market has been strengthened by a surging demand in the building construction sector, industrial…

By businessamlive
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WorldSteel predicts slow growth in global steel demand in 2022

BY ONOME AMUGE Global steel demand is likely to rise 0.4 percent to 1.84 billion tonnes in 2022, slowing from…

Steel hits 2-week high on supply distortion over Russia-Ukraine crisis

BY: ONOME AMUGE Steel futures jumped to the highest valuation in over two weeks as buyers and consumers of the…

Global steel prices to average $800 per tonne in H1 2021 over rising demand, Fitch reports

Onome Amuge   Global steel price is expected to sell for an average of $800 per tonne in the first…

KAM Steel buys SMC’s plant, to create 10,000 jobs in months

By Onome Amuge KAM Steel Integrated Company Limited, the Nigerian indigenous steel and allied manufacturing company has purchased a steel…

OPS faults exclusion from Ajaokuta steel revival panel

The organised private sector has faulted its exclusion by the federal government from the Ajaokuta Presidential Project Implementation Team. The…

20,000 steel manufacturing jobs under threat over importation

No less than 20,000 workers face loss of job if the current menace of importation of substandard roofing materials is…

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