30 coys currently producing liquid steel in Nigeria – Group

No fewer than 30 companies are currently producing liquid steel for industrial development in Nigeria, stakeholders in the sector have said.

The stakeholders through its spokesperson, Mr. Lateef Bello, stated this over the weekend while reacting to a statement by the Managing Director, Kaduna Mining Development Company Limited, Dr. Mohammed Sani, saying Kaduna State would be the first to produce liquid steel for industrial development in the continent.

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Bello in a statement, said the comment by the Kaduna state government official is disappointing considering the heavy investments by some committed industrialists in Nigeria.

Bello further added that Liquid Steel production has become a common trade in Nigeria steel sector with Ajaokuta Steel Company and Delta steel using it to produce billets before shutting down operations.

He noted that the proposed investment in Kaduna is just a mere minning site, an investment far different and below the existing ones across the nation stressing that the total of the production capacity of the above mentions companies is about 6.5Milion Tons per annum.