11,165.85 TRY BIST 100 BIST 100
41.30 USD USD USD
5.84 CNY CNY CNY
48.91 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
39.71 TRY Interest Interest
67.71 USD Fossil Oil Fossil Oil
54.94 USD Silver Silver
4.60 USD Copper Copper
106.06 USD Iron Ore Iron Ore
340.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,860.44 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

Zimbabwe signed 455 million dollar agreement with Jindal Steel

Wednesday, September 17, 2025

While CBAM presents a significant risk to India's steel exports, the effect of U.S. tariffs is expected to be limited

Wednesday, September 17, 2025

Scrap market decline continues as bottom levels remain in focus

Wednesday, September 17, 2025

Steel demand rises in Yemen and Syria as reconstruction fuels regional trade

Wednesday, September 17, 2025

Subsea7 signed agreement with Aramco for new pipeline project worth up to USD 1.25 billion

Wednesday, September 17, 2025
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