10,743.20 TRY BIST 100 BIST 100
46.32 EUR EUR EUR
40.59 USD USD USD
5.66 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
40.29 TRY Interest Interest
71.84 USD Fossil Oil Fossil Oil
47.99 USD Silver Silver
4.42 USD Copper Copper
99.02 USD Iron Ore Iron Ore
332.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,309.48 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

Soaring Energy Costs Devour Iranian Steelmakers’ Profits

Friday, August 1, 2025

Qatar's customs and tax system makes things easy for investors

Friday, August 1, 2025

Which Countries Did Trump Impose Tariffs On, and How Much?

Friday, August 1, 2025

İSO Chairman Bahçıvan: “Alarm Bells Are Ringing in Industry, the Situation Is Very Serious”

Friday, August 1, 2025

DP World signs $800 million, 30-year deal to develop Tartus Port

Friday, August 1, 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