9,724.50 TRY BIST 100 BIST 100
4.84 CNY CNY CNY
35.13 USD USD USD
36.48 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.45 TRY Interest Interest
73.24 USD Fossil Oil Fossil Oil
29.75 USD Silver Silver
4.12 USD Copper Copper
100.31 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,628.71 TRY Gold (gr) Gold (gr)

Kenya to build a steel plant in Mariakani, Kwale County with support from Devki Group

Kenya plans to build a KES 50 billion steel mill in Mariakani, Kwale County, with Devki Group's support, aiming to create 1,000 jobs and export steel.

Kenya to build a steel plant in Mariakani, Kwale County with support from Devki Group

Kenya has launched construction work for a KES 50 billion steel mill in Mariakani, Kwale County, with the support of Devki Group.

The mill, expected to be the second largest in Africa after the South African Iron and Steel Industrial Corporation, will create 1,000 jobs and have an annual production capacity of around 500,000 tons of steel used in construction and manufacturing. The mill could also export to neighboring countries, as Kenyan steel imports are estimated at around KES 80 million, mainly from China.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Italy's crude steel production decreased in November

Monday, December 23, 2024

Ukraine increased the export of scrap by 62.4%

Monday, December 23, 2024

Dofer Yapı expands Karabük factory: Receives 31.6 million TL investment incentive certificate

Sunday, December 22, 2024

Europe's crude steel production increased

Wednesday, December 18, 2024

Kardemir's 'Power Plant' has been commissioned

Sunday, December 22, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now