Kevin85ify
JF-Expert Member
- Apr 6, 2019
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Sinosteel Corp
Sinosteel Corp, China’s biggest state-owned steel trader, has started construction of a multi-billion-shilling steel plant in Athi River, Machakos County
The deal, which was signed in Nairobi in 2015, sets in motion the much awaited ‘Steel City’ project that aims to serve the region’s growing demand for steel
The new plant is expected to sit on a 1,200-acre piece of land in Athi River, which is owned by the State-owned Numerical Machining Complex (NMC), formerly Nyayo Motor Corporation.
The plant will have a capacity to produce 1,000,000 metric tonnes of steel.
Devki Group
Building materials maker Devki Group is about to complete construction on its Sh45 billion raw steel production plant in Kwale County in a move that will give local steel products manufacturers access to cheaper industrial steel.
The facility will be the region’s first raw steel production plant
Devki chairman Narendra Raval said the factory will create about 1,600 direct jobs and 9,000 indirect opportunities in related activities such as iron ore mining and transportation when it starts production in 2020
“Only South Africa has an industrial raw steel production plant and our plan is to give Kenya steel products manufacturers cheaper access to industrial raw steel,” he said.
The plant will have a capacity to produce 500,000 metric tonnes of steel, which Devki hopes will help Kenya avoid importation of industrial steel products.
Sinosteel Corp, China’s biggest state-owned steel trader, has started construction of a multi-billion-shilling steel plant in Athi River, Machakos County
The deal, which was signed in Nairobi in 2015, sets in motion the much awaited ‘Steel City’ project that aims to serve the region’s growing demand for steel
The new plant is expected to sit on a 1,200-acre piece of land in Athi River, which is owned by the State-owned Numerical Machining Complex (NMC), formerly Nyayo Motor Corporation.
The plant will have a capacity to produce 1,000,000 metric tonnes of steel.
Devki Group
Building materials maker Devki Group is about to complete construction on its Sh45 billion raw steel production plant in Kwale County in a move that will give local steel products manufacturers access to cheaper industrial steel.
The facility will be the region’s first raw steel production plant
Devki chairman Narendra Raval said the factory will create about 1,600 direct jobs and 9,000 indirect opportunities in related activities such as iron ore mining and transportation when it starts production in 2020
“Only South Africa has an industrial raw steel production plant and our plan is to give Kenya steel products manufacturers cheaper access to industrial raw steel,” he said.
The plant will have a capacity to produce 500,000 metric tonnes of steel, which Devki hopes will help Kenya avoid importation of industrial steel products.
