Nigeria's Steel Rolling Mills Run at 30% Capacity Due to Tight Cash, Less Construction

JOHANNESBURG--January 16, 2015--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Nigeria imports about 17 million tonnes of steel per year. It has produced 2.5 million to 3 million tonnes per year domestically in past years. Abdullahi Also, director of steel and non-ferrous metals in the country's Ministry of Mines and Steel Development, said Nigeria had more than 30 privately owned rolling mills with a range of capacities, but only 15 were producing iron rods, while others had power or gas challenges.

Within this article: Details of the steel market situation in Nigeria.