Nigeria will become a world leader in steel production

Nigeria will soon join the world leaders in the production of steel and metal rolling, and after 2018 it may take a leading position on a global scale.

Recently, a metallurgical enterprise in Lagos plans to export its first batch of reinforcement in the amount of 5 thousand tons. The CEO of the Minepage of the Commerce Plant, Mr. Sanjia Kumar, said that his company intends to bring the steel sector of Nigeria to world leaders over the next five years.

Nigeria is a country with the largest explored iron ore reserves in the world. In the case of industrial development and organization of new steeling industries, the African state really has every chance to reach a high level.

Noting that the growth of the Nigeria metallurgical sector is constant, Sanjia Kumar announced that by the end of this year the total steeling capacities of Nigeria reached 1 million 250 thousand tons. Kumar called on the government to urgently improve the country's infrastructure in order to attract as many investors as possible to metallurgical and mining. industry Nigeria.

“The potential of Nigeria consists in her desire to diversify the economy, its production base, invest in metallurgy, because it has rich natural resources for the production of steel. This, without a doubt, proves that Nigeria has every opportunity to become a leading African country in the international market, sales and export of steel and metal rolling, ”Kumar said.