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
Metals smuggling into Nigeria from China’s Guangdong FTZ rattles MAN
BY DIKACHI ELEMBA The Basic Metal, Iron and Steel and Fabricated Metal Products group, a vital sectoral group of the Manufacturers
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 a 2.7 percent growth in
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 vital manufacturing and
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 half of 2021 compared with
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
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
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 left unchecked